99 Cents Only
You can’t beat 99 Cents if you are looking for affordable products. This is one of the biggest competitors of brands such as Dollar General, Dollar Tree, and Walmart. The company saw a net loss of $27.1 million, as well as a loss of $42.4 million in Q1 and Q2 of that year. Ares Management went on to buy it out before Canada Pension Plan did. After some time, it made its way to the hands of a private family. The new CEO Jack Sinclair has reported better same-store sales, but the future still does not look good.
Neiman Marcus
In the fiscal year of 2017, Neiman Marcus saw its top-line sales of $4.7 billion decrease by 5 percent. To solve this, people raised the idea of laying off 200 employees and focusing on a “Digital First” customer engagement plan. It was said that Hudson’s Bay wanted to purchase it, although it did not happen.