This Year, It’s Time To Say Goodbye To These Stores

Fred’s Pharmacy

Fred’s Pharmacy

In May 2018, Fred’s Pharmacy reported that its gross sales for the previous fiscal year had dropped by 4.3% and its bottom-line loss reached $139.3 million. The company tried establishing 1,000 stores around the U.S., increasing from the 600 stores it already had. However, the plans fell through. It ended up selling to CVS for $40 million.

FullBeauty Brands Holdings Corp

FullBeauty

FullBeauty owns brands for plus-size women and men like Woman Within, fullbeauty.com, Jessica London, ellos, Roaman’s, Brylane Home, and KingSize. This retailer is another one to blame the e-commerce giant, Amazon, for its declining sales. Apax Partners, the owner of FullBeauty, included this reason in the message they sent to their lenders in 2017.