Bed Bath & Beyond announced they are cutting 7% of their corporate staff and are eliminating the COO position. The stock has struggled in 2019 and the CEO has named resetting cost structure and refining organizational structure as key initiatives.
Wakefern, operator of ShopRite, has announced a partnership with Takeoff Technologies to create an automated warehouse to fulfill online grocery orders.
UPS will be adding pickup and shipping sites to CVS pharmacy, Advance Auto Parts, and Michael’s around the country. The new locations would double the current amount of UPS Access Points and offer a secure site for customer’s to ship their packages.