Why GNC Slumped During The Vitamin Supplement Boom

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CNBC published this video item, entitled “Why GNC Slumped During The Vitamin Supplement Boom” – below is their description.

For decades GNC has been the one-stop shop for vitamins, muscle building protein powder packs and practically every variety of weight-loss product. From New England to Southern California, chances are if you ever needed a potassium boost there was a GNC at a mall nearby. But the company that urged Americans to “Live Well” has fallen on tough times. In June 2020 GNC filed for bankruptcy with plans to close about 1,000 locations — more than 10 percent of its global footprint.

CNBC YouTube Channel

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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