Organic seo service company shuts down due to ‘financial issues’
Organic seos company, which provides organic products to food manufacturers, announced Thursday that it will close its doors and close its California offices.
Organic seofeo company Houston Seo Company, which has more than 200 stores in the US, said it was forced to close due to financial issues.
In a statement, the company said it would be shutting down its operations due to “unprecedented financial pressures”.
The company said that it had to make significant cuts in order to continue to meet its obligations to suppliers and consumers.
The company announced that it would not renew the contracts of a third of its staff, including the two who worked for the company in California.
The move comes after the company, through a partnership with organic food brand St Louis Seo, signed an agreement with organic marketer Whole Foods.
The deal requires the company to pay Whole Foods a total of $6.5 million over a five-year period, including about $1.5m in annual overhead.
Houston Seos co-founder and chief executive officer Dan Lutz said in a statement that the financial difficulties that led to the closing of the Houston Seoes California office were due to a “unanticipated financial challenge”, and the company would “work with our suppliers and our customers to resolve this issue.”
Organic seoing company also shut down The Houston Seoe Company, a seo-service company that is part of Houston-based Organic Seo Services, said in its announcement that it was shutting down due “unexpected financial challenges”.
“The company is not financially healthy, and we are in the process of identifying a new business model that will support our continued success and to address the challenges that our company faces in our efforts to support the health of the organic market,” the statement said.
It said the company had closed its California stores in December and had been forced to lay off more than 30 people.
The Houston-area company has operations in five states, including California, Arizona, and Utah.
It also has organic and conventional seo products.
Organic Seos founder and CEO Dan Lutz said in his statement that he is grateful for the support and support of the community.
“Our mission has always been to create quality organic food for people to eat and that is what we are all striving to achieve, but these past few years have been challenging and we had to close the doors of the company because of a financial challenge,” he said.
Houston-Area Organic Seoing Company, Inc. announced on Twitter that it has “closed its doors” in Los Angeles and has “declared bankruptcy”.
The Houston Organic Seoin Company, founded by Lutz in 1999, said its Houston-born co-founders had left the company.
The organic company, based in San Diego, has more over 500 stores in 20 states.
Its website lists the Houston-owned company as a subsidiary of Whole Foods Market.
“We’re devastated by this news,” Whole Foods executive vice president of global markets, Mike Kocher, said on a conference call.
“As a whole, we’re incredibly proud of the way that Houston Seoan has helped drive organic and natural food sales for many years.
Our community continues to be strong and we’re confident that we can continue to support organic businesses.”
Houston Seoin Co-Founder Dan LUTZ, center, announces a partnership between Houston Seoing and Whole Foods at the company’s headquarters in San Francisco, California, in 2016.
Source: Al Jazeera