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Vitamin Shoppe Inc.

www.vitaminshoppe.com

Latest From Vitamin Shoppe Inc.

Trade Group News: CHPA Social Media Award, AHPA Prop 65 Guidance For CBD, CRN Workshop Speakers, More

AHPA supports 2020 Smithsonian Folklife Festival ginseng program; NPA offers to help Amazon following its notification of potentially counterfeit Align probiotics sold; CRN Day of Science tackles "Healthy Aging"; UNPA partners with hemp industry group; Expo East Herb Walk goes to Green Farmacy; CHPA Educational Foundation KnowYourOTCs campaign named "Social Media Campaign of Year" by PR Daily; and AHPA publishes California Prop 65 compliance guidance for CBD marketers.

OTC Drugs Dietary Supplements

Vitamin Shoppe's Buyer Took Tumultuous Path Toward Recent Turn To Investing

Liberty Tax, which owns tax-return preparation business Liberty Tax Services and branched into capital investing in July, agrees to pay $6.50 per Vitamin Shoppe share, a 43% premium on its closing price a day earlier. Vitamin Shoppe's earnings struggles continued in Q2 as total sales fell 7.6% to $270.9m and it reported a $3.6m net loss after generating $5.3m net income a year ago.

Dietary Supplements M & A

GNC Prioritizes Product Launches, Store Redesigns To Steer Sales Growth

GNC is launching numerous products including an energy drink for millennials and a patented ingredient to improve upper and lower body strength. It also is giving its stores a face lift to implement a "service-driven” concept.

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GNC Takes Omni-channel Route To Counter Mass-Market, Online Pressures

Strategy will bring firm’s sales platforms together to present products where and when customers shop. CEO Kenneth Martindale says firm also will use those platforms to expand sales through “significant” white spaces in the 50 countries in which it competes.
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