Hudson’s Bay is closing its Home Outfitters business in Canada and is performing a review of Saks Off 5th’s 133 stores, with an estimate of closing up to 20 locations in the U.S.
Just days after Newell Brands reported another decline in quarterly revenue, the company’s board of directors may be looking to replace CEO Michael Polk.
Albertsons is using cloud solutions from Microsoft Corp., including Microsoft Azure and Microsoft 365, to provide customers and employees new experiences.
Edward Lampert has resigned as chairman of Sears Holdings board of directors just days after an affiliate of his company, ESL Holdings, acquired the retailer out of bankruptcy.
Amazon has canceled plans to build a headquarters in New York, citing opposition from some local politicians who objected to the tax breaks and other incentives the company was to receive.