SPOKANE, Wash. , Dec. 18, 2023 /PRNewswire/ -- Kaspien Holdings Inc. (OTCQB:KSPN) ("Kaspien" or the "Company") today notified the OTCQB of the Company's decision to voluntarily delist its common stock from the OTCQB and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about December 28, 2023. As a result, the Company expects the delisting of its common stock to become effective on or about January 8, 2024. The Company also will be taking steps to deregister as a public company under the Securities Exchange Act of 1934. After an as

SPOKANE, Wash., Sept. 12, 2023 /PRNewswire/ -- Kaspien Holdings Inc. (OTCQB:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal second quarter ended July 29, 2023. Management Commentary "The second quarter built on the progress achieved in the first quarter with improved gross profit margins and lower operating expenses driving a $2.5 million improvement in operating income." said Kaspien CEO Brock Kowalchuk. "We continue to focus on operational rigor and improving our balance sheet. I'm proud of

SPOKANE, Wash., June 13, 2023 /PRNewswire/ -- Kaspien Holdings Inc. (OTCQB:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal first quarter ended April 29, 2023. Management Commentary "The first quarter was highlighted by higher year over year sales, improved gross margins and lower operating expenses." said Kaspien CEO Brock Kowalchuk. "We continue to focus on higher price point products, reducing touch points in our supply chain, and decreasing the operational overhead of our business. In addi

SPOKANE, Wash., May 22, 2023 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's decision to voluntarily delist its common stock from The Nasdaq Capital Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about June 1, 2023. As a result, the Company expects the delisting of its common stock to become effective on or about June 12, 2023. As previously noted on the Company's C

SPOKANE, Wash., April 28, 2023 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal fourth quarter and full year ended January 28, 2023. Management Commentary "I'm proud of the progress our organization made this last year as we rebuilt our foundation and improved our core offerings. We made challenging decisions to reduce operational expenses and rationalize unprofitable partners. We also saw many of our partners reach new highs on the platforms we se

SPOKANE, Wash., Dec. 13, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal Third quarter ended October 29, 2022.  Management Commentary "During the third quarter, we began seeing the results of our vendor rationalization and remediation strategy.  Gross margin for the quarter improved to 22.6% from 19.8% in the second quarter and general and administrative expenses decreased $0.4 million from the prior year third quarter. Our focus for the four

SPOKANE, Wash., Dec. 7, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, will issue a press release including its financial results and business outlook as well as additional corporate updates. The Company also plans to file its quarterly Form 10-Q on the same day. The release and filing will be made available via the Investor Relations section of Kaspien's website.                About KaspienKaspien Holdings Inc. (f/k/a Trans World Entertainment Corporation) (NASDAQ:KSPN) is a leading eco

SPOKANE, Wash., Sept. 13, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal second quarter ended July 30, 2022.  Recent Operational Highlights The Company reported the two highest sales days in Company history during the Amazon Prime Day event on July 12th and 13th.   Through disciplined inventory and cash management, the Company reduced the cash outflow from operations for the thirteen weeks ended July 30, 2022 to $0.1 million from $5.7 millio

SPOKANE, Wash., Sept. 7, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ:KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, will issue a press release including its financial results and business outlook as well as additional corporate updates. The Company also plans to file its quarterly Form 10-Q on the same day. The release and filing will be made available via the Investor Relations section of Kaspien's website.                About KaspienKaspien Holdings Inc. (f/k/a Trans World Entertainment Corporation) (NASDAQ:KSPN) is a leading ec

SPOKANE, Wash., July 14, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (or the "Company") (NASDAQ:KSPN), a leading e-commerce marketplace growth platform, today announced the closing of its previously announced registered direct offering and concurrent private placement with a single institutional investor priced at-the-market under Nasdaq rules. The Company issued 638,978 shares of its common stock at a purchase price of $3.13 per share (or pre-funded warrant in lieu thereof) in the registered direct offering. In the concurrent private placement, Kaspien Holdings Inc. has also issued and sold to the investor 1,818,182 shares of common stock at a purchase price of $3.30 per share (or pre-funded

Aegis Capital initiated coverage of Kaspien Holdings with a rating of Buy and set a new price target of $60.00