Unilever, the consumer goods company that produces brands such as Axe body sprays and Vaseline, is relocating its North American headquarters from Englewood Cliffs to Hoboken next year, NorthJersey.com has learned.
The decision comes as offices scale back their suburban presence amid persistent work-from-home trends, four years after their surge during the COVID-19 pandemic.
"Suburban office campuses more broadly have switched to urban corporate centers in places like Manhattan, Jersey City and Hoboken," said James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University. He added that this marks a reversal of the trend seen in the 1980s.