No Business Is Safe When It Comes To Bankruptcy

Published on 04/13/2020
ADVERTISEMENT

Office Depot

Office Depot dealt with a 7% decline in sales in 2017. CEO Gerry Smith said they would add services to boost top-end revenue.  Now it’s a subscription program called “BizBox.” The office provides sellers, in addition to this, with investments in the CompuCom IT firm. We’re keeping our fingers crossed so that things get better!  

Office Depot

Office Depot

ADVERTISEMENT

Vitamin Shoppe

A variety of challenges faced by Vitamin Shoppe. E-commerce was the focus and came up with a subscription service. The organization also suffered a decline of 8.5% in top sales in 2017, following this initiative. That number of competitors and weak foot traffic in the mall is what makes the competition so harsh for the vitamin retailer. It attempted to solve the issue by providing services, hosting activities, developing categories, and more.  

Vitamin Shoppe

Vitamin Shoppe

ADVERTISEMENT