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).

Products Backed By The Highest Quality Standards

We hold ourselves to a high standard because wellness should be nothing short of exceptional. We obsess over every detail – so you don't have to. That's why you can have peace of mind when you trust GNC with your health.

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.

Is GNC FDA approved? ›

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, ...

Part of this is likely due to the additives, emulsifiers and ingredients. The shelf life of most protein powders is between 9 to 18 months, though those with fewer ingredients may expire quickly. Some protein powders may have a 'best before' date, which you can use for reference, though not all do.”

Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.

Vitamins and supplements chain GNC has partnered with retail giant Walmart to roll out curated product assortments to more than 4,000 Walmart stores and on Walmart.com.

In April, Walmart expanded its private-label offerings with the debut of “chef-inspired” food brand bettergoods. The launch represents the retailer's largest private-brand food rollout in 20 years and is happening as several other retailers are also delving deeper into the world of private-label goods.