Home Industry News Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint
Industry NewsLeasingRetail

Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint

Share
almas-salakhov-tEHnXzvK2k4-unsplash-shopping retail
Image by Almas Salakhov For Unsplash+
Share

Verizon's decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls thousands of storefronts, even as the physical footprint stays largely intact. Verizon is offloading another 274 company-owned retail stores to franchise operators and cutting roughly 500 corporate jobs, the latest move in […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

1031 Buyer Pays $14MM for Fully Leased Santa Fe Springs Business Park

A 1031 exchange buyer paid $14 million for Santa Fe Springs Business...

Merlone Geier Sells 117,000 SQFT Goleta Target to McCabe Properties for $61.67MM

Merlone Geier Partners has sold the 116,612-square-foot Target that replaced Goleta's Kmart...

Southern Tire Mart Buys 181,000 SQFT Serrano Business Park II in Jurupa Valley From Miramar Capital for $45MM

The Mississippi-based commercial tire dealer paid Miramar Capital $45 million for the...