These Brands Are Closing Down And We Are Not Ready For It

Published on 04/14/2020
ADVERTISEMENT

Fred’s Pharmacy

Fred’s Pharmacy planned to increase its stores in the United States from 600 to 1,000, but it never came true. The company’s gross revenues fell by 4.3 percent from the previous fiscal year and its bottom line was estimated to be $139.3 million. Fred’s CFO departed the company in 2018, making the former television executive the man in charge. Fred then sold his specialty company, CVS, for $40 million.

Fred's

Fred’s Pharmacy

ADVERTISEMENT

Full Beauty Brands Holdings Corp

FullBeauty Brands Holding Corp owns brands for men and women of a plus-size variety. Only some of the brands are Woman Within, fullbeauty.com, Jessica London, Ellos, Roaman’s, Brylane House, and KingSize. They blame Amazon for their falling sales in the first quarter of 2017, with revenue decreasing by 30 percent. With some new people in power, they expect to turn an increase in sales.

FullBeauty

Full Beauty Brands Holdings Corp

ADVERTISEMENT