1. The RealReal Announces Layoffs, Store Closures | BoF
Feb 16, 2023 · In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year.
In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year.
2. The RealReal Mens Store is Closed…but it's Only Temporary
Jan 14, 2024 · The RealReal Mens Store, located at 8500 Melrose Ave, in West Hollywood, is currently closed, but it's only temporary.
The RealReal Mens Store, at 8500 Melrose Ave, in West Hollywood, is currently closed, but it's only temporary. The men's section is closed for construction.
3. [PDF] The Realreal Temporary Closure
Feb 16, 2023 · Closed today. Jeweler Contact Details. The RealReal Luxury Consignment Office- temporary closure |. 1441 Brickell Ave #1014 Miami. (844) 577 ...
4. Following deep cost-cutting, the RealReal outlines a path to ... - Glossy
Feb 28, 2023 · Cost-cutting has helped narrow The RealReal's losses — for now. The luxury consignment platform announced its 2022 fourth-quarter and full-year ...
After months of cost-cutting, The RealReal is starting to inch closer to profitability. But its annual loss was still well into the nine figures, the company reported during its fourth quarter earnings call on Tuesday. After announcing layoffs and store closures, the luxury resale startup outlined the measures it's taking to stop quarterly losses.
5. The RealReal CFO to step down - Retail Dive
Oct 4, 2023 · The company also announced it would close stores in San Francisco, Chicago, Atlanta and Austin, Texas. The RealReal also shuttered two ...
Still in its quest for profitability, and amid financial struggles, Robert Julian is leaving the position after two years with the company.
6. Can The RealReal's aggressive cost-cutting help it reach profitability?
Feb 22, 2023 · A rep from The RealReal said the recent layoffs and store closures are meant to help bring the company closer to profitability but declined to ...
Resale company The RealReal has been in a rough spot. Last July, it announced an accelerate plan to reach profitability — which it has yet to achieve in its 12 years of existence, including in the four years since going public. Last week, in a cost-cutting effort, the company announced plans to cut 230 jobs, close four stores including two flagships and reduce its office space.
7. Valuation Manager, Fine Jewelry and Watches (Temporary) - LinkedIn
Posted 11:42:48 AM. The RealReal is the world's largest online marketplace for authenticated, resale luxury goods…See this and similar jobs on LinkedIn.
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8. How The RealReal Will Pivot From Growth To Profits - Forbes
Mar 29, 2023 · “Closing the stores was purely a financial decision,” Julian maintained. “We looked at the P&L of each store and shut down the least profitable.
The RealReal has just brought in a new CEO with the initial mandate to reach profitability. Over the past eight months, interim co-ceos started the process with results starting to show.
