ForeverGreen Completes Restructuring and Focuses on Growth
12/27/2017
Dec 29, 2017 Lindon, UT—ForeverGreen Worldwide Corporation, a global direct marketing company and provider of health and wellness products has completed its planned consolidation and restructuring of the company, including reducing overhead costs, streamlining the company’s product offerings, reducing shipping costs, reduction of personnel and consolidating domestic and foreign warehouse and office spaces. These strategies were directed to reduce overhead and debt, streamline domestic and international operations, improve distribution channels and consolidate the company’s product offerings. All of these steps have taken the last year to accomplish, and the company is now seeing the positive impact on the company’s model and its profitability.
“This has been a difficult year of transition for ForeverGreen. It was my main objective in 2017, as the company’s new CEO, to complete the restructuring of the company, both domestically and internationally and it has taken even longer than I originally thought it would,” said ForeverGreen CEO Rick Redford. “I believe that while we have reduced in many areas, we can keep and refocus on the key products, marketing messages, technologies and foundational values and heritage that have made ForeverGreen successful. The company’s proprietary envelope model has been, and continues to be a unique and successful business model for ForeverGreen. Now, in 2018, the management team will be focusing on sales growth, higher profitability, and net margins to increase our shareholder’s value.”