Roots CEO leaves retailer as board calls for 'renewed leadership'

The storefront of a Roots location in Toronto is pictured on September 14 , 2017. Roots Canada chief executive Jim Gabel has left the company effective immediately, as the board of directors expressed a need for "renewed leadership," the retailer said Friday.

The company downgraded its sales expectations for its current financial year in December when it reported its most recent quarterly earnings. The move came as the retailer grapples with a shortened holiday shopping period and other challenges. The board has engaged a leading international search firm to find a permanent replacement, the company said.The company's former chief financial officer Jim Rudyk resigned in May, but stayed on in the role until early August.

Source: News Formal (newsformal.com)

So are they going back to their roots?

Maybe they should sell out to canadagoose or CanadianTire so they start to have a purpose again.

I haven’t heard this name since I was teething. How is this still a place?

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