SUMR Brands announces restructuring

Updated at 2:28 p.m. on February 14, 2020.

SUMR BRANDS announced plans to enact restructuring efforts to save an estimated annual $7.5 million. Above, Interim CEO Stuart Noyes. / COURTESY SUMR BRANDS
SUMR BRANDS announced plans to enact restructuring efforts to save an estimated annual $7.5 million. Above, interim CEO Stuart Noyes. / COURTESY SUMR BRANDS
WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands, will enact a restructuring plan that the company on Friday said will save it $7.5 million annually. The infant and juvenile products company was hit particularly hard by the closure of Toys R Us and Babies R Us. The company was also impacted by recent…

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