Lack of fleece inventory contributes to Roots reporting $8.9M Q1 loss, sales drop

TORONTO — Roots Corp. says it lost $8.9 million in its latest quarter as it missed out on some sales because it didn’t have enough of its fleece products to keep up with demand and is still seeing shoppers grapple with economic headwinds. The Toronto-based apparel retailer’s first-quarter result announced Monday compared with a loss […] Read The Rest at :