Finance & Capital Management

The expansion — part of a $500 million investment in the company’s U.S. footprint — will raise the value chain's U.S. store count over 150

The company has accepted a stalking horse bid to sell the company to private equity firm TLI Bedrock for $75 million and sought Chapter 11 protection in order to move the sale along

Crafting retailer appointed Michael Diamond to executive vice president, chief financial officer

The stores are focused on offering shoppers prices “significantly lower than the competition”

Kadenwood adds EcoGen Labs which made $63 million in 2019 on sales of CBD to private label brands and retailers

Same-store sales were up more than 24%, categories that were previously down like apparel and electronics saw double-digit growth and own brands are up 30%

Comparable store sales for the retailers showed a 25% increase and 35% bump, respectively

The facility in North Carolina's Vance County is slated to add 73 jobs in the area