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Yankee Candle owner resorts to layoffs, store closures
Yahoo Finance· 2025-12-01 11:17
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Newell Brands, which runs Yankee Candle, Rubbermaid, Elmer’s and other names, will lay off 900 people, about 10% of its global professional and clerical staff. U.S. cuts begin this month and those abroad will continue through next year, the company said Monday. In January the company will close about 20 Yankee Candle stores in the U.S. and Canada, which ...