Tough Times: Retail Stores We Will Say Good-Bye To In 2020

Published on 03/29/2020
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Fred’s Pharmacy

Fred’s tried to survive by adding more stores to their business; They plan to add a total of 1,000 stores nationwide. Last May 2018, Fred’s Pharmacy declared that its gross sales last financial year went down by 4.3%, and they are worried about their misfortune that adds up to almost $139.3 million. Unfortunately, their action of adding more stores deemed effective, and now they are planning to sell their well-known drug store CVS for $40 million.

Fred's

Fred’s Pharmacy

 

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FullBeauty Brands Holdings Corp

FullBeauty Brands Holdings Corp is claiming that Amazon is the reason why they are experiencing dive with regards to their sales. FullBeauty Brands Holdings Corp is the owner of some famous brands such as fullbeauty.com, Jessica London, Ellos, RRoaman’s Brylane Home, and KingSize. Their failed partnership with Amazon is their alibi on why they had to consult a loan specialist last 2017.

FullBeauty

FullBeauty

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