The nation’s largest retailer of boating and marine supplies has filed for Chapter 11 bankruptcy protection as its looks to restructure its debt and lease obligations.
A group of activist investors have issued a letter to Target shareholders urging them to vote against the reelection of executive chair — and former company CEO — Brian Cornell at the company’s annual meeting on June 10.
Starbucks is laying off more corporate employees as part of its "Back to Starbucks" turnaround strategy, which aims to return the company to profitable growth.