NASHVILLE (BP) -- LifeWay Christian Resources did "all we could" to keep brick and mortar stores open, LifeWay President Thom Rainer told the entity's trustees. But despite positive indicators in mid-2018, by late in the year, data from stores showed revenue declines "had not reversed" and "had been exacerbated."
Rainer's comments during a Feb. 4-5 trustee meeting in Nashville came prior to approximately three hours of executive session over two days, in which business and financial matters were discussed. LifeWay has not yet announced any actions taken during the executive session. Read More