50 Companies At Risk of Bankruptcy in 2020

Published on November 26, 2019
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Vitamin Shoppe

Just like its business counterpart GNC, Vitamin Shoppe is seeing its sales and profits dropping. In 2017 the company saw an 8.5% drop in its sales. While it is attempting to move to e-commerce, the business is still struggling to compete with other supplement competitors and health stores. In a last-ditch attempt, Vitamin Shoppe is looking to stay relevant with delivery services, product expansion, and special events.

Vitamin Shoppe

Vitamin Shoppe

Neiman Marcus

This retail luxury store saw a 5% drop in its sales in 2017. Since the downturn, Neiman Marcus has attempted to try various marketing and business approaches to try to improve their overall sales. Unfortunately, it seems the interest in luxury brands in the US is dropping while interest in off-brand names is growing. Hudson’s Bay, another unfortunate company nearing the end, thought about buying out Neiman’s; however, it decided to withdraw the offer.

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Neiman Marcus

Neiman Marcus