Shift Announces Exit of East Coast Presence to Focus on Path to Profitability

February 2, 2023

https://www.globenewswire.com/news-release/2023/02/02/2600954/0/en/Shift-Announces-Exit-of-East-Coast-Presence-to-Focus-on-Path-to-Profitability.html

SAN FRANCISCO, Feb. 02, 2023 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (Nasdaq:SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has announced it will be exiting its East Coast stores acquired as a result of its merger with CarLotz, Inc. in order to focus on building omnichannel capabilities in its other locations and on the Company’s path to profitability.

Read more at globenewswire.com

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