Thursday, April 26, 2018

GNC to shutter 200 stores

Retail Dive

GNC plans to close some 200 stores this year, depending on the outcome of lease renegotiations or relocation opportunities, which are ongoing, and expects few new stores to open this year, the company also said.

Same-store sales at GNC rose 0.5% in domestic company-owned stores in the first quarter of 2018, according to a company press release. In domestic franchise locations, same-store sales fell 1.9%.. . . more