Content about General Nutrition Centers

February 14, 2014

Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

December 19, 2013

Rite Aid modestly increased its full year sales forecast following the release of third quarter results and said it will aggressively expand its “Wellness” format as it looks to drive greater growth in 2014.

Rite Aid modestly increased its full year sales forecast following the release of third quarter results and said it will aggressively expand its “Wellness” format as it looks to drive greater growth in 2014.

October 28, 2013

GNC will be leveraging Dunnhumby’s customer-centricity solutions across all facets of its marketing to more effectively segment and engage with in-store and online customers. This will include personalized communications and offers to shoppers through both online and offline channels.

GNC will be leveraging Dunnhumby’s customer-centricity solutions across all facets of its marketing to more effectively segment and engage with in-store and online customers. This will include personalized communications and offers to shoppers through both online and offline channels.

October 24, 2013

GNC plans to make some major supply chain investments in 2014, including opening a fourth distribution center serving domestic stores, located near Indianapolis, following strong results for the third quarter.

GNC plans to make some major supply chain investments in 2014, including opening a fourth distribution center serving domestic stores, located near Indianapolis, following strong results for the third quarter.

The company reported a net income increase of 17.3%, from $62.2 million to $73 million.

Revenue grew about 9%, from $621.6 million to $675.6 million. Same store sales increased approximately 6.7% in domestic company-owned stores, including GNC.com sales, in the quarter, while in domestic franchise locations, same-store sales increased 5.9%.

July 30, 2013

GNC Holdings has named Carmine Fortino as EVP, business development. Fortino has extensive experience in the natural products industry and was also a former director of General Nutrition Centers, Inc. from 2007-2011.

PITTSBURGH — GNC Holdings has named Carmine Fortino as EVP, business development. Fortino has extensive experience in the natural products industry and was also a former director of General Nutrition Centers, Inc. from 2007-2011.

"Carmine is a great addition to the GNC senior management team. His background in multichannel development across the health and wellness segment will enhance our approach to new market opportunities as we continue to implement GNC's proven growth strategy," said Joseph Fortunato, GNC's chairman, president and CEO.

July 22, 2013

GNC is no stranger to China, with more than 60 store-within-a-store locations in eight different major grocery, convenience and health and wellness chains in China. But two years after entering the market, the retailer is opening its first stand-alone location in Shanghai.

PITTSBURGH — GNC is no stranger to China, with more than 60 store-within-a-store locations in eight different major grocery, convenience and health and wellness chains in China. But two years after entering the market, the retailer is opening its first stand-alone location in Shanghai.

GNC plans on opening an additional 25 locations in China within the next 12 months.

July 2, 2013

GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

PITTSBURGH — GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

"We are pleased to welcome Messrs. Moran and Feldman to the GNC board," stated Joseph Fortunato, GNC chairman, president and CEO. "Their extensive experience leading global consumer brands and retail operations, both domestically and overseas, and past experience as CEOs of retail businesses should add significant strength to our board as we execute our future strategies."

July 27, 2012

GNC recently extended its relationship with Sam's Club, the company announced in conjunction with its second-quarter results.

PITTSBURGH — GNC recently extended its relationship with Sam's Club, the company announced in conjunction with its second-quarter results.

Beginning in third quarter 2012, GNC's presence in all Sam's Club locations will incorporate established shelf space with branded signage, adding to the existing rotational assortment program.

July 23, 2012

GNC Holdings on Friday elected company president and CEO Joseph Fortunato to serve as chairman.

PITTSBURGH — GNC Holdings on Friday elected company president and CEO Joseph Fortunato to serve as chairman. The board also has appointed Michael Hines to serve as lead independent director.

Fortunato succeeds Norman Axelrod, who has resigned as chairman. Axelrod had been a member of the GNC board since March 2007.

September 28, 2011

GNC Holdings on Wednesday announced that Jenn Brown, two-time Emmy Award-winning sports journalist, has joined the GNC LiveWell team as its newest brand ambassador.

PITTSBURGH — GNC Holdings on Wednesday announced that Jenn Brown, two-time Emmy Award-winning sports journalist, has joined the GNC LiveWell team as its newest brand ambassador.

July 5, 2011

Thomas Dowd has been named GNC EVP, chief merchandising officer and general manager, the company announced in an SEC filing Friday.

PITTSBURGH — Thomas Dowd has been named GNC EVP, chief merchandising officer and general manager, the company announced in an SEC filing Friday.

Dowd has served as EVP store operations and development since April 2007.

The move follows the announcement in June that Beth Kaplan would be stepping down from her role as GNC president and chief merchandising officer. Following that announcement, GNC CEO Joe Fortunato reassumed his role of president.

May 11, 2011

Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

NEW YORK — Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

May 11, 2011

Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

NEW YORK — Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

April 20, 2011

The recent opening of the 500th Vitamin Shoppe store was heralded as an important milestone for this rapidly growing company but within a few years the nation’s second largest nutritional products specialty retailer could be eyeing 1,000 units.

The recent opening of the 500th Vitamin Shoppe store was heralded as an important milestone for this rapidly growing company but within a few years the nation’s second largest nutritional products specialty retailer could be eyeing 1,000 units.

“There are many markets we are interested in establishing a presence in, and we will continue to move forward with our growth plans to expand in current markets and penetrate new ones,” Vitamin Shoppe CEO Tony Truesdale said on the occasion of the opening of the 500th store in St. Peters, Mo., earlier this month.

March 3, 2011

GNC branded nutritional products are now being offered in 400 Sam’s Clubs in keeping with the club retailer’s efforts to gain market share in the health and wellness area. The GNC brand allows Sam’s to offer a differentiated product assortment and shopping experience from club competitors, as plans call for GNC to rotate pallets of its top-selling private label items throughout the year. The first two items include a two-pound container of GNC Pro Performance AMP Amplified 100% Whey Protein for $18.98 and a 1.7 pound bottle of GNC Total Lean Lean Shake for $22.98.

March 1, 2011

GNC is making its foray into the warehouse club for the first time by offering select private-label products at Sam's Club locations.

PITTSBURGH and BENTONVILLE, Ark. — GNC is making its foray into the warehouse club for the first time by offering select private-label products at Sam's Club locations.

GNC's products will boost Sam's Club's current health-and-wellness offerings by extending GNC's specialty retailing brand to mass-market customers.