J. Crew
It sure feels like J. Crew is always in the news these days. After losing its CEO in 2018, the company kicked off 2020 by closing 6 stores in January. These closures are part of its plan to close 30 stores overall. They made the plan public last summer. However, we have yet to find out which locations they plan to shut down to achieve their goals.
J. Crew
Vitamin Shoppe
Vitamin Shoppe is suffering issues similar to the one of GNC. They are focusing on e-commerce and working on a subscription service to ward off these problems. In 2017, the top-line sales reached $1.2 billion and suffered a drop of 8.5%. You can attribute the predicament to the decreasing popularity of shopping malls and the rise of competitors. We hope that they will soon get out of the rut with their category expansions, delivery services, and marketing events!
The Vitamin Shoppe Store
