Office Depot
Office Depot went through some hard times during 2017. That year, the sales saw a decline of 7 percent. CEO Gerry Smith said that the company would start providing services, probably in an effort to improve its top-line. It started offering “BizBox”, a subscription program. Aside from that, it acquired an ITM firm by the name of CompuCom. We hope that these efforts work for the office supplies retailer!
Office Depot
Vitamin Shoppe
Vitamin Shoppe has also decided to focus more on its e-commerce site and began to offer a subscription service. However, this still did not prevent the top-line sales from going down by 8.5 percent in 2017. RetailDive said that the problem stems from the declining popularity of malls and the growing number of competitors. This vitamin retailer hopes to turn the tide by holding events, offering delivery services, expanding categories, and more.
Vitamin Shoppe