Vitamin Shoppe
The Vitamin Shoppe has similar issues with GNC. They have reinvigorated their e-commerce business and also have in the works a subscription service to fight these issues. Yet its top-line revenue in 2017 fell to $1.2 billion, down 8.5 percent. The declining popularity of malls, as well as the growth of rivals, is the reason why Vitamin Shoppe is in this difficulty today. Expanding their ranges, launching distribution services and doing marketing activities would potentially help pull them out of their current problems.
Vitamin Shoppe
Neiman Marcus
Luxury retailer Neiman Marcus saw its top-line revenues sink to $4.7 billion in the 2017 fiscal year, down 5 percent. Some proposed approaches to cut 200 jobs and build a “Digital First” Customer Engagement Program It was speculated that the high-end stores would be bought by Canadian company Hudson’s Bay but plans later fell through.
Neiman Marcus
