Financial StabilityThe business is well-capitalized to make it through the turnaround, with $50M of cash and no debt.
Management ProgressThe new management team is making progress with a strategy focused on consolidating brands, improving the supply chain, focusing on customer retention, driving site traffic, improving marketing, and upgrading technology platforms.
Strategic InitiativesThe new strategy is focused on consolidating brands, improving the supply chain, focusing on customer retention, driving site traffic, improving the marketing approach, and upgrading the technology platforms.