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Home » Shift Technologies preps bankruptcy filing

Shift Technologies preps bankruptcy filing

The retailer’s profits and sales have plummeted

Amanda HarrisbyAmanda Harris
October 9, 2023
in Risk Management
Reading Time: 3 mins read
0
cars

© Can Stock Photo / Frankljunior

Shift Technologies is preparing to file for Chapter 11 bankruptcy as part of a wind-down of the automotive retailer’s business.   The used-vehicle retailer’s two California locations, in Oakland and Pomona, ceased operations as of Friday, according to a company release. Shift will fund the closure of its operations using cash on hand along with cash […]

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