Gnc Open Near Me (2024)

FAQs

Is GNC owned by Walmart? ›

The company emerged from the Chapter 11 process under the new ownership of Harbin Pharmaceutical Group in October 2020. In 2021, GNC revealed that Josh Burris will take over as CEO and Cam Lawrence as CFO. In 2021, GNC announced a partnership with Walmart for a selection of GNC specific products.

With more than 4,000 retail locations throughout the United States over 2,000 international operations, GNC is the largest global specialty retailer of nutritional products. GNC also offers several international websites for our global community to browse, shop and learn how to Live Well.

Nutra Manufacturing is the manufacturing division of General Nutrition Centers (GNC), the largest global specialty retailer of nutritional products; including vitamin, mineral, herbal, sports nutrition, and diet and energy products.

A federal bankruptcy judge approved the sale of GNC Holdings Inc. to China's largest drugmaker, Harbin Pharmaceutical, for $770 million. The deal is made up of $550 million in cash, including $4.5 million that will be used to pay unsecured creditors, as well as notes and assumed liabilities.

GNC has filed for bankruptcy, warning it will close up to a quarter of its stores and search for a buyer. The 85-year-old vitamin and dietary supplement company has been saddled with nearly $1 billion of debt and has faced declining sales at its brick-and-mortar locations since before the pandemic.

GNC main competitors are Vitamin World, Abercrombie & Fitch Co, and Oakley. Competitor Summary. See how GNC compares to its main competitors: Abercrombie & Fitch Co has the most employees (44,000).

In October 2020, General Nutrition Centers (GNC) had an open CEO position.

September 2020 + Harbin Pharmaceutical Group Holding Co.

In mid-September GNC Holdings Inc., a Pittsburgh-based international health and wellness chain, sold to Harbin Pharmaceutical Group Holding Co., based in China, for $770 million. The transaction was approved in bankruptcy court.

Are GNC vitamins good quality? ›

GNC offers high quality, science-based products and solutions to inspire consumers to live mighty, live fit, and live well. As America's Most Trusted Nutritional Supplement Retailer, wellness seekers trust us with knowing that what they're consuming is safe, effective, and backed by expert support.

Because GNC hasn't had its products pre-approved for sale by the FDA, the supplements should have a prominent disclaimer warning buyers that the products are "not intended to diagnose, treat, cure or prevent any disease." But the disclaimers are either hidden on the back of supplement labels or omitted entirely, ...

Walmart also owns various apparel brands and clothing lines for men, women, and children. Examples of apparel brands are George (men's shoes and clothing), Terra & Sky (plus size women's apparel), Time and Tru (women's shoes and clothing), and Athletic Works (activewear for men, women, and children).

The Bentonville, Ark. -based giant just launched its “bettergoods” private label, which it's billing as its “largest private brand food launch in 20 years” with 300 items, from $2 to $15, primarily under $5, including frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate and more.

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.