Fred’s Pharmacy
In May 2018, Fred’s Pharmacy reported that its gross sales for the previous fiscal year dropped 4.3 percent and its bottom-line loss reached $139.3 million. Fred’s tried to establish 1,000 stores around the U.S., increasing its number from 600 stores, but the plans fell through. It sold CVS, its specialty pharmacy, for $40 million.
FullBeauty Brands Holdings Corp
FullBeauty is the owner of brands for plus-size men and women like Woman Within, fullbeauty.com, Jessica London, ellos, Roaman’s, Brylane Home, and KingSize. This retailer also blames the e-commerce giant Amazon for its declining sales. Apax Partners, owner of FullBeaty, included this reason in their message to their lenders in 2017.