Large Retailers Which Have Filed For Bankruptcy
Vitamin World
Even the vitamin and nutritional supplements space was not spared from the current retail apocalypse. In September 2017, Vitamin World, a global retailer of health supplements, reported over $43 million in debt. This was due to the company’s difficulty in acquiring ingredients and a few supply chain issues. They have since enlisted the help of bankruptcy attorneys to get them out of this pickle. As of this. writing, Vitamin World had to shut 100 of its 334 storefronts as part of their restructuring plan. They also had to sell the rest of their locations and inventory by the end of 2017.
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