Brett Schulman, Cava CEO, joined Cheddar News to talk about his company going public. "We think the market is always welcoming to long-term sustainable growth stories, especially category defining brands," he said. Schulman also shared his pitch to investors as the company launches it IPO.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.