Office Depot
Office Depot struggled in 2017 when its sales went down by 7 percent. CEO Gerry Smith said they would introduce services to increase the company’s top-line sales. It now offers “BizBox”, a subscription program. On top of this, the office supplies retailer invested in an IT firm called CompuCom. We are keeping our fingers crossed that these things will help improve matters!
Office Depot
Vitamin Shoppe
Vitamin Shoppe has been facing a number of challenges as well. It has started to focus more on e-commerce and came up with a subscription service. Despite these efforts, the company still faced a decline of 8.5 percent in the top-line sales in 2017. What makes the market so hard for the vitamin retailer would be the rising number of competitors and the low foot traffic in malls. It has tried to address the problem by offering delivery services, doing events, expanding categories, and more.
Vitamin Shoppe
