
the staff of the Ridgewood blog
Paramus NJ, GNC Holdings, Inc. (NYSE: GNC) , a leading global health and wellness brand, today announced that the Company, certain of its North American entities, certain of its secured lenders, and key stakeholders have reached an agreement to pursue a dual-path process that will allow the Company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code.
GNC and all of its subsidiaries remain open for business. Consumers will continue to have access to their favorite products, as well as new, innovative brand solutions to meet their wellness goals wherever GNC products are sold. GNC continues to serve consumers through its retail stores in many areas and is offering safe and convenient curbside pick-up at shopping plaza locations.
The Company also continues to provide solutions for its customers anytime at GNC.com.
Continue reading GNC Files for Bankruptcy expects to close 800 to 1,200 stores