The discount retailer announced it had reinstated Vasos to replace
"At this time the Board has determined that a change in leadership is necessary to restore stability and confidence in the Company moving forward,"
The news comes at a time the retail chain is dealing with slowing growth and after it reduced its initial sales and profit predictions for the year.
"I look forward to getting back to work with the broader team as we strive to return to a position of operational excellence for our employees and customers and deliver sustainable long-term growth and value creation for our shareholders," Vasos said in the statement.
At the start of this year both
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