WebJan 27, 2024 · In 2014, Lifeway sold its 2,400-acre Western U.S. conference center, Glorieta, to a nonprofit camping organization for $1. In 2024, the company closed its 170 brick-and-mortar Lifeway Christian Store locations and moved its retail business online, reporting that the retail business had lost nearly $50 million from 2014 to 2024. WebIn this context, Lifeway Christian Stores lost $19 million last year. Over the past five years, the cumulative losses of Lifeway Stores reached nearly $50 million. Our internal projections showed those losses—at the current pace—would have increased to more than $60 …
LifeWay Christian Stores: All 170 Locations Closing! - YouTube
WebMar 28, 2024 · LifeWay Christian Store, the retail arm of the Southern Baptist Convention's publishing company, plans to close all 172 of its outlets by the end of 2024. Chas Sisk/Nashville Public Radio... WebJan 17, 2024 · LifeWay Christian Store, the chain known for its Christian books, gifts and Bibles, will close some of its locations due to "an accelerated rate of erosion," the company's president has announced. In an email sent to employees, LifeWay Christian Resources President Thom Rainer said the company had “prayed that our investments in and ... halloween wreaths to make
LifeWay Christian Closing Brick-And-Mortar Bookstores
WebSep 3, 2024 · LifeWay has closed about two-thirds of its stores so far. The next phase of the store closings begins this month, as LifeWay enters negotiations to end long-term leases of retail space.... WebJul 11, 2024 · LifeWay Christian Stores, a chain operated by the Southern Baptist Convention, announced this spring it is closing all 170 brick-and-mortar stores. Family Christian Stores, another major chain ... WebMar 7, 2024 · LifeWay Christian Resources president Thom Rainer announced in January that the company would close some stores due to revenue loss. “As LifeWay expands its digital channels, the... burglar alarm motion detectors