J. Crew
J. Crew seems to be in the headlines all the time these days. Following the loss of its CEO in 2018, the company began 2020 by closing six shops in January. These closures are part of the company’s broader intention to close 30 shops. Last summer, they made the plan public. However, we have yet to learn which places they want to close in order to fulfill their objectives.
J. Crew
Vitamin Shoppe
Vitamin Shoppe is experiencing problems similar to GNC. To address these issues, they are focusing on e-commerce and developing a subscription service. In 2017, top-line sales totaled $1.2 billion, a reduction of 8.5 percent from the previous year. The situation can be attributed to the decline in the popularity of shopping malls and the rise of competitors. We hope that their category expansions, delivery services, and marketing events will help them break out of their rut soon!
The Vitamin Shoppe Store
