The company will retain roughly 1,000 corporate-owned stores after the divestiture, which takes effect Aug. 16 ...
The news comes several months after Verizon laid off 13,000 workers at the end of last year, signaling major strategy shifts for CEO Dan Schulman. Verizon Communications, the largest U.S. wireless ...
Verizon will sell 274 company-owned stores and cut about 500 corporate jobs as it restructures its US retail operations nationwide.
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Verizon is reshaping its operations as it works to keep customers from switching to rivals amid heightened wireless competition.
Another restructuring is rattling nerves days before earnings. The cash flow math, however, tells a calmer story.
Given its primary role as a telecommunications provider, it can be easy to overlook the fact that Verizon also is one of the most ubiquitous retailers in the U.S. With more than 8,000 stores, Verizon ...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples and Verizon announced today the expansion of their strategic partnership, with Verizon kiosks now to be available in 35 Staples stores across key markets ...