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Shakarian turned his family health store into GNC, a chain of stores which sold vitamins and fitness products. He served as its chairman and chief executive officer. [ 2 ] By 1984, he operated 1,200 stores in the United States and Canada and made 2,000 health products.
Vitamin World, Inc. was founded in 1977 as a subsidiary of NBTY Inc, later the Nature's Bounty Company. [1] NBTY manufactured and sold vitamin and mineral supplement products under the "Vitamin World" label, sports nutrition products under their "Precision Engineered" label, and numerous National Brand label products at the stores.
GNC Holdings, LLC (an initialism of General Nutrition Centers) is an American multinational retail and nutritional manufacturing company based in Pittsburgh, Pennsylvania. [5] [6] It specializes in health and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products.
The 85-year-old company filed for Chapter 11 protection late Tuesday night in the U.S. bankruptcy court in Wilmington, Delaware.
GNC Holdings Inc, the vitamin and herbal supplement retailer, has filed for bankruptcy, with plans to close at least 800 to 1,200 locations and possibly sell itself. GNC had been trying to reduce ...
Total returns for the retail industry came to $743 billion in merchandise in 2023, according to a report released by the National Retail Federation and Appriss Retail.