GNC Holdings Inc.
Latest From GNC Holdings 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.
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.
Guthy-Renker disagrees with NAD's position the firm does not have objective evidence to support its treatment can “reverse crepey-looking skin.” NAD attorneys say the nature and extent of claims "should be directly analogous to the precision and specificity of the data used to substantiate.”
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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