Vitamin Shoppe
Retailers of vitamins seem to share similar struggles in their sales, just like GNC and now Vitamin Shoppe. Like GNC, it has shifted into focusing on their e-commerce business and has also started its own subscription service. However, the company still saw an 8.5 percent drop in its top-line sales in 2017, which is roughly $1.2 billion. RetailDive points this struggle that Vitamin Shoppe and GNC are going through to the decreasing popularity of malls as well as the increasing number of supplement store competitors. Vitamin Shoppe is hopeful that they can turn things around by expanding their categories, doing events, opening delivery services, and more.
Men’s Warehouse
People just aren’t buying fancy suits like they were years ago, and it’s starting to show in the decrease in sales at Men’s Warehouse. With high prices and low demand, Men’s Warehouse isn’t sure they’ll make it through 2019 in one piece. Much of the reason for their decline is the change in style preferences and the fact that people don’t tend to dress up as much as they used to.