Find Out If Your Favorite Retailer Will Be Closing Shop Before The Year Ends

Published on 07/15/2019
ADVERTISEMENT

Office Depot

The office supplies retailer has been having difficulties since 2017 with its sales going down by 7 percent. CEO Gerry Smith announced that it was going to start offering services in an effort to improve the top-line. It has launched the subscription program “BizBox”. The company also acquired an IT firm called CompuCom. Let’s see how it goes for them.

Office Depot

Office Depot

ADVERTISEMENT

Vitamin Shoppe

Vitamin Shoppe has shifted into zeroing in on e-commerce. It has also started a subscription service. Despite these efforts, it still experienced a top-line sales decline of 8.5 percent in 2017, which translated to roughly $1.2 billion. RetailDive has said that the company is suffering because fewer people are visiting the malls now. Vitamin Shoppe hopes that it can improve the tide with events, delivery services, and more categories.

Vitamin Shoppe

Vitamin Shoppe

ADVERTISEMENT