Verizon Sheds 274 Retail Locations in Push Toward Franchising

By TRD Staff · The Real Deal · 2026-07-20

The Real Deal reports that Verizon plans to sell 274 of its company-owned storefronts to independent franchise operators. This move, which follows a similar divestment of 200 locations last fall, coincides with a workforce reduction involving 3,000 employees as the provider attem

The Real Deal reports that Verizon plans to sell 274 of its company-owned storefronts to independent franchise operators. This move, which follows a similar divestment of 200 locations last fall, coincides with a workforce reduction involving 3,000 employees as the provider attem