Yankee candle to close stores in new jersey and cut 900 jobs as part of company-wide restructuring

Yankee Candle to close stores in New Jersey and cut 900 jobs as part of company-wide restructuring

Posted by
1 min read
December 8, 2025

JACKSON, NJ – Yankee Candle’s parent company, Newell Brands, announced Monday it will shut down 20 of its retail stores and lay off more than 900 employees in North America as part of an ongoing effort to streamline operations and reduce costs.

The company said the job cuts, representing about 10 percent of its total workforce, will begin this month. The affected stores are located across the United States and Canada, though Newell has not disclosed which locations will close.

Yankee Candle, known for its signature scented candles and holiday gifts, operates a dozen stores in New Jersey, including shops at Freehold Raceway Mall, Jackson Premium Outlets, Bridgewater Commons, Paramus Park, and Deptford Mall.

Layoffs part of broader efficiency plan

Newell Brands, headquartered in Atlanta, said the workforce reduction is part of a broader productivity initiative launched in 2023 to strengthen financial performance. The company’s plan focuses on expanding automation, digitization, and artificial intelligence to improve decision-making and operational efficiency across its global business lines.

President and CEO Chris Peterson said in a statement that while progress has been made in the turnaround strategy, more steps are necessary to stabilize growth. “This productivity plan is about taking the next, disciplined step to enhance efficiency, sharpen our strategic focus, and deliver stronger, more consistent performance,” Peterson said.

Company continues turnaround efforts

Newell Brands, a publicly traded company whose portfolio includes Oster, Sunbeam, and Paper Mate, has faced sluggish sales and mounting costs in recent years. The firm began restructuring in 2023 to simplify its operations and focus on its strongest-performing brands.

The closure of 20 Yankee Candle stores marks the latest in a series of moves by the company to consolidate retail operations and shift attention toward e-commerce and direct-to-consumer channels.

Despite the cuts, Newell said its long-term goal remains to “build a more agile and efficient organization” capable of adapting to changing market demands.

Phil Stilton

Phil Stilton is the Editor and Publisher of Shore News Network, an independent digital newsroom providing original reporting on New Jersey, national news, government, public policy, public safety, courts, and community affairs.

As founder of the publication, Stilton leads editorial strategy, investigative reporting, and daily newsroom operations while overseeing coverage that reaches millions of readers annually.

With extensive experience covering municipal government, county government, state legislatures, elections, law enforcement, emergency management, and public records, Stilton specializes in translating complex government actions into clear, factual reporting. His work frequently relies on primary source documents, including court filings, legislation, public meeting records, election finance disclosures, government databases, police reports, and Freedom of Information and Open Public Records Act (OPRA) requests. He has reported extensively on local government accountability, taxpayer spending, campaign finance, public corruption investigations, infrastructure, public safety, and the policies affecting New Jersey residents.

Under Stilton's editorial leadership, Shore News Network has grown into one of New Jersey's largest independent digital news organizations, publishing thousands of original news articles each year while providing breaking news coverage, investigative reporting, and analysis across state and local government. The publication's reporting is routinely sourced from official government agencies, public officials, court records, and firsthand documentation, with a commitment to transparency, attribution, corrections when warranted, and clearly distinguishing factual reporting from opinion.

Stilton's journalism follows established newsroom standards emphasizing accuracy, verification, fairness, and accountability. Every effort is made to verify information through official records and multiple reliable sources before publication. His reporting is intended to provide readers with timely, well-documented information that helps them understand the issues affecting their communities, while maintaining editorial independence from political parties, government agencies, advocacy organizations, and commercial interests.

Readers can submit story tips, corrections, public records, or media inquiries through the official Shore News Network website or its verified social media channels. Shore News Network welcomes corrections and updates when new information becomes available as part of its ongoing commitment to accurate and transparent journalism.

Facebook

Breaking News

Don't Miss