It’s been a rough couple of months for Uber, with the brief-but-viral #DeleteUber campaign, and the company’s CEO being caught on camera berating one of his own drivers. Now comes news that Uber President Jeff Jones is exiting the company after less than a year on the job. [More]
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In recent years, Sam’s Club CEO Rosalind Brewer has led the warehouse store’s efforts to compete for Costco’s more affluent shoppers, but as sales at the Walmart-owned chain remain unremarkable, Brewer will soon retire.
Supermarket operator Supervalu will have one fewer chain in its portfolio soon, after announcing that it’s selling off discount grocer Save-A-Lot to a Canadian investment group for $1.37 billion. [More]
This will be the last holiday shopping season for the Toys ‘R’ Us flagship location in Manhattan, as the retailer plans to leave its 110,000-square-foot mega-store at the end of the month. [More]
For the second time this year, Target is closing underperforming stores. But unlike that first round of closures, which was focused on the retailer’s flagging Canadian operations, this time the shuttered stores are all stateside.