A few months after the fitness brand launched a rebrand, Cédric Fletcher joins the company with experience from Nike and Under Armour.
The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported.
Still, margins expanded, inventory is down, store traffic is up and the department store remains in the black.
Established in 2011, the retailer is set to welcome its next cohort of underrepresented business owners in May.
The brand launched at Target in 2021, and the move builds on its wholesale presence, which also includes partnerships with Whole Foods and Costco.
The department store will add even more adaptive choices for men and women across two of its private label brands this fall.
The fermented meat company said the layoffs were not a result of the demand it has seen for its products.
As profits decline and momentum slows, the retailer is working to regain profitability and expand its brand in a tough macroeconomic environment.
The company, which sells to some of the largest U.S. retailers, suffered from rising costs and disruptions in its supply chain.
Is it the 'Wild West' of measures or a fair predictor of long-term success? Either way, retailers won’t quit talking about EBITDA.
I turn your passion for products and customer service into higher profits and more cash.
© All rights reserved. • Darlene Y Mitchell
Sign up to get tips for that will keep inventory and profit flowing
First Name (required) *
Last Name (required) *
Email (required) *
Yes, I would like to receive emails from Darlene Y Mitchell. (You can unsubscribe anytime)