The discount business Dollar Tree announced on Wednesday that it is selling Family Dollar for $1 billion to two private equity firms, a decade after it bought the discount chain for over $8 billion.
Read More Dollar Tree To Sell Family Dollar For $1B, 10 Years After $8B Purchase
Walgreens announced Tuesday that it plans to close 1,200 stores over the next three years as it looks to downsize.
Read More Walgreens Closing 1,200 Stores Over The Next 3 Years
Dollar General stores plummeted on Thursday after the discount retailer cut its sales and profit guidance for the entire year, alluding to the fact that lower-income customers are struggling with the economy.
Read More Dollar General Shares Plummet 25%, Company Blames Economy For ‘Financially Constrained’ Customers
T-Mobile announced on Tuesday that it’s buying most of U.S. Cellular’s operations in a deal worth $4.4 billion, which includes some of the wireless operator’s spectrum and its customers.
Read More T-Mobile Acquiring Most Of U.S. Cellular In $4.4B Deal
Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce.
Read More Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
Tesla sent out a single-line query for each job after canceling some employees’ biannual performance reviews.
Read More Tesla asks which jobs are critical, stoking layoff fears – Bloomberg News