GNC Is Closing 200 Stores
This article is for subscribers only.
GNC Holdings Inc. said it will close 200 stores this year as the vitamin retail company cuts costs and grapples with more than $1 billion in debt.
Like other retailers, Pittsburgh-based GNC has been struggling with a large brick-and-mortar footprint and competition from online sellers. It operates or oversees 8,905 stores, including 3,385 in the U.S. Sales at U.S. locations that have been open for at least a year were down 1.9 percent in the first quarter, GNC said in a statement.