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GNC files for bankruptcy, closing stores as it prepares for a sale

GNC files for bankruptcy, closing stores as it prepares for a sale

GNC filed for bankruptcy, saying it will close over 15% of its stores. The 85-year-old supplements seller struggled with sluggish sales in recent years, even as its debt surged $700mn. While filing for chapter 11 it said that the Covid-19 lockdowns have recently had a ’dramatic negative impact’ on its business as it failed to qualify as an essential retailer in a number of states.

Milan
Milan
James
James 5 months

Super super expensive products. Get cheaper stuff on interweb. Who is dummy enough to still shop here?

Fin
Fin 5 months

Cause ur products lost their ordinal focus n your marketing n purchasing destroyed all great stuff once sold as gnc

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