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GNC will expand in 2008

This article was originally published in The Tan Sheet

Executive Summary

The Pittsburgh-based nutritional products retailer will open 100 new stores in 2008 with a focus on franchises, according to a Dec. 5 announcement. The expansion will help GNC capitalize on the growing supplement industry, the firm says, noting that 65 percent of adult Americans consistently take dietary supplements, according to data from Ipsos Public Affairs. The new stores will add to GNC's recent achievements, which include opening its 1,000th international store and being named by Entrepreneur magazine as the top franchise in the vitamins category for the 18th consecutive year...

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