J. Crew
J. Crew seemed to be in the news all of the time these days. Following the death of its CEO in 2018, the company kicked off 2020 by closing six sites in January. These closures are part of the company’s larger plan to close 30 sites. They made the proposal public last summer. However, we have yet to hear which sites they want to shut to achieve their goals.
J. Crew
Vitamin Shoppe
Vitamin Shoppe is having identical issues to GNC. To address these concerns, they are focusing on e-commerce and the development of a subscription service. In 2017, top-line sales were $1.2 billion, an 8.5 percent decrease from the previous year. The issue can be ascribed to the fall in popularity of shopping malls as well as the development of competitors. We hope that their category extensions, delivery services, and marketing events will assist them in breaking out of their rut as soon as possible!
The Vitamin Shoppe Store
