1. United States : The RealReal sells real estate to cover losses - Glitz.paris
May 2, 2024 · The California-based market leader has been struggling since 2020. To help make ends meet, The RealReal has put part of its Los Angeles offices up for sale.
Like many of its competitors in the luxury online consignment sector, the California-based market leader has been struggling since 2020. To help make ends meet, The RealReal has put part of its Los - 5/2/2024
2. The RealReal will lay off 230 employees, close stores - The Current
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The resale platform has struggled with profitability.
3. The RealReal CFO to step down - Retail Dive
Oct 4, 2023 · The RealReal CFO to step down ... The company also announced it would close stores in San Francisco, Chicago, Atlanta and Austin, Texas.
Still in its quest for profitability, and amid financial struggles, Robert Julian is leaving the position after two years with the company.
4. The RealReal - CLOSED, 253 Post St, San Francisco, CA 94108, US
Get more information for The RealReal - CLOSED in San Francisco, CA. See ... The RealReal - CLOSED. Permanently closed. +1 (415) 554-3700 · Website. More.
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5. 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.
6. After founder's exit, The RealReal appoints CEO to lead turnaround
Jan 26, 2023 · Wainwright's departure came a few months after The RealReal — which went public in 2019 — revealed that its losses had widened to $236 million ...
The resale platform has found a new CEO, seven months after founder Julie Wainwright left the role. The focus now is on making its business model profitable.
7. In another step toward profitability, The RealReal winds down beauty ...
Mar 24, 2023 · As part of its effort to focus on its consignment business, The RealReal is winding down its beauty sales, a company spokesperson confirmed ...
Under a new CEO, the luxury resale site has been scrutinizing various aspects of its business and slashing expenses.
8. The RealReal Is a Total Mess, and I Can't Quit It - The Cut
Aug 30, 2022 · Being so addicted to it allowed me to more clearly see its cracks when they began to appear. Over the past year, items were taking longer to be ...
And I can’t quit it.
9. Following cost-cutting, the RealReal outlines path to profitability
Feb 28, 2023 · In order to get closer to profitability, The RealReal has undertaken taken drastic restructuring measures in recent months – such as closing ...
After months of cost-cutting, The RealReal is starting to inch closer to profitability. But its losses were still well into the nine figures.
10. The RealReal - CLOSED - CLOSED, 3073 Peachtree Rd NE ... - MapQuest
Get more information for The RealReal - CLOSED in Atlanta, GA. See reviews, map, get the address, and find directions.
11. The RealReal Announces Layoffs, Store Closures | BoF
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In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year.