Roots shares drop on weak sales in third quarter
Roots said a shift in people's clothing tastes and a rise in discounts affected its third-quarter sales. Find out more.
Source: leaderpost.com
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Inflation Canada: Why BC retail businesses remain confident
Despite a "worldwide recession," Canadian retailers like Lululemon have increased their inventory. But experts say non-essential items are in lesser demand
Source: timescolonist.com
ROOTS REPORTS STRONG SALES AND FURTHER MARGIN IMPROVEMENT IN SECOND QUARTER
Sales increased 22.9% year-over-year to $47.8 million Gross margin improved 120 basis points ("bps") to 59.3% Net loss was ($3.2) million compared to ($1.2)...
Source: newswire.ca
Roots says 'pack and hold' plan for unsold inventory will help avoid markdowns
Canadian clothing retailer Roots Corp. is heading into its busiest sales period with strong inventory levels and a "pack and hold" plan to deal with unsold merchandise.
Source: thompsoncitizen.net
Roots reports $3.2-million Q2 loss, sales up more than 20% from year ago | iNFOnews
Canadian clothing retailer Roots Corp. is heading into its busiest sales period with strong inventory levels and a "pack and hold" plan to deal with unsold merchandise.
Source: infotel.ca