The Realreal Temporary Closure (2024)

1. 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.

2. 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.

3. United States : The RealReal sells real estate to cover losses - Glitz.paris

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• 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

4. Weekend Briefing: The RealReal lays off hundreds, closes stores to reach ...

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• Last week, The RealReal announced major layoffs and store closures in order to shore up profitability. Plus, Kering announced a new head of brand safety role, and Etsy was accused of being a haven for counterfeiters.

5. In another step toward profitability, The RealReal winds down beauty ...

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• Under a new CEO, the luxury resale site has been scrutinizing various aspects of its business and slashing expenses.

6. The RealReal CFO to step down | Retail Dive

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• Still in its quest for profitability, and amid financial struggles, Robert Julian is leaving the position after two years with the company.

7. Following deep cost-cutting, the RealReal outlines a path to ... - Glossy

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• 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.

8. 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.

9. THE REALREAL TEMPORARILY MAKES STORES AND LUXURY

• Mar 15, 2020 · We are committed to adapting our business to align with the latest recommendations from public health agencies. In light of current guidance on ...

• Limits brick-and-mortar access to help prevent the spread of COVID-19...