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