the Canadian team at the Winter Games in Nagano, Japan. The outfit's most popular item was the red “poorboy” cap (or poor boy cap) worn backwards, which were seen on celebrities such as Prince William and P. Diddy. Roots at one point sold 100,000 of these berets a day at US$19.95 apiece, eventually selling over half a million caps. Roots went on to be the official outfitter for members of the Canadian Olympic and Paralympic Teams from 2000 to 2004, and was the official outfitter for the Canadian Speed Skating Team in 2006. Roots outfitted the United States Olympic and Paralympic Teams in 2002, 2004, and 2006. Other teams Roots outfitted include the British Olympic Team (2002, 2004), and the Barbados Olympic Team (2004). In 2005, Roots was outbid on the Canadian Olympic contract by the Hudson's Bay Company (sold through The Bay and Zellers), and in 2008 the USOC replaced Roots with Polo Ralph Lauren. The USOC had a disagreement with Roots over the direction of the athletes' uniforms, but it is also suggested Roots did not want its brand to be involved with the 2008 Summer Olympics, which saw much political controversy over human rights. Today Roots has 120 stores in North America, including five flagship stores in Canada in Toronto, Vancouver, and Montreal. Other notable locations include Rosedale in Toronto, Chinook and West Edmonton Mall in Alberta. In 2013, Roots opened locations in Montreal, Niagara Falls. In 2014, the large two-story Bloor St. location, which was known for holding many events, downsized to a new location on the same street. Also in 2014, after years of running the business, Michael Budman and Don Green hired a President and Chief Operating Officer, Wendy Bennison, who was previously Vice President of Mark's Work Warehouse. In 2015, Roots was sold to Searchlight Capital LP which now holds a majority stake with the founders retaining a minority stake. Jim Gabel joined in February 2016 as the President of Roots Canada. He left the company in January 2020. In May 2020, the board of directors appointed Meghan Roach as Chief Executive Officer. In September 2017, the company filed for an initial public offering on the Toronto Stock Exchange. On April 29, 2020, Roots Corp. announced the shutdown of its stores in Boston, Washington, and Chicago, and a pop-up store in New York. Two stores in Michigan and Utah will remain open. Its