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GNC, Vitamin Shoppe Not On Same Page In Solving Similar Growth Challenges

 
• By Malcolm Spicer

Common thread between the manufacturers and retail chain operators offering their own and other brands extends to relatively recent executive suite shakeups following extended stretches of declining sales growth. GNC reported nearly $70m net income for 2018 after two years of net losses and Vitamin Shoppe trimmed its loss by more than $200m from 2017 to $12.1m.

Vitamin Aisle

[GNC Holdings Inc.] and [Vitamin Shoppe Inc.] have in common the challenges of implementing solutions to increase sales following extended growth slumps. The two leading US nutritional, health and wellness product manufacturers and retailers don't have common priorities, though, for targeting those challenges.

The common thread between GNC and Vitamin Shoppe extends to relatively recent executive suite shakeups after the previous chief executives helmed unsuccessful turnaround initiatives.

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