Planet Organic Market ceasing operations, closing all locations

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 99%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Planet Organic Market is closing is closing its 11 stores, citing the company's current financial state in an internal memo.

"We have tried to find a solution for the company but now it has come the time to recognize that despite the best efforts to restructure the business we are at an end," Planet Organic Market CEO Alan

Thompson said in a letter to all employees. "After conducting a full review of our current financial state, we conclude that there were too many factors working against us to continue operating Planet."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A lot of unique healthy foods, sorry to see it go.

Great news..... worst business model ever. You can’t charge 10x the price of something you can buy everywhere else and expect people to shop at your store. May you and your $9 cucumbers RIP. superstorehasthesamestuff

RokoshME I bet the stores in Calgary sunk them it's been hit way harder than Edmonton.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Monday’s sharp rebound may not be sign that market volatility has ended: expertsMonday’s sharp rebound may not be sign that market volatility has ended: experts GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »