Newell Brands—home to high-profile home fragrance and candle brands—has announced a restructuring initiative that will cut staff and close the doors on the longstanding Deerfield, MA corporate office of Yankee Candle. “We are taking action to simplify and strengthen our organization by leveraging the scale and power of One Newell to optimize our cost structure and operate more efficiently. Specifically, we are evolving our operating model into three operating segments based on similarities of...