Vitamin Shoppe
Just like GNC, Vitamin Shoppe is also experiencing financial troubles and, as such, have resorted to an online business venture, which is helping to boost their profits. In 2017, the Company reported an 8.5 percent drop in sales coming mostly from mall stores as well as increased competitors on the market. But, as time passes, they are increasing their product categories in the hopes that this will help them to stay strong amidst the crisis.
Vitamin Shoppe
Neiman Marcus
Neiman Marcus reported a 5 percent drop in sales for the 2017 financial year, leaving its top-line at $4.7 billion. They initially had the plan to cut over 200 jobs and create a system known as “Digital First,” which is a customer-engagement plan. Also, there were rumors that some of the stores would be purchased by Hudson’s Bay, a Canadian-based company. This plan was shut-down after the Company made a comeback and no longer had to go through with the scheme.
Neiman Marcus
