GNC To Close Its Stores and Reopen as One New GNC

Tuesday, December 20, 2016

Vitamin and Supplement "King" Relaunching Storied Brand - Now EveryONE Wins

Driving vitamin and supplements brand GNC Holdings, Inc. (NYSE: GNC) reported today that every single corporate store will close on December 28 and revive on December 29, when GNC will give clients a significantly enhanced involvement with the dispatch of One New GNC (#ONEnewGNC).

The organization will offer a solitary cost both in store and on, supplanting various evaluating structures crosswise over channels and participation levels. Another dedication program named My GNC Rewards, is intended to give shoppers a simple to utilize impetus to shop GNC. This program will be bolstered by the dispatch of another GNC versatile application accessible at the very latest December 28 in the iTunes application and Google Play stores.

Also, new POS terminals, taking off over the chain, will speed the checkout procedure, help direct client choices in view of procurement history and oversee reliability programs. Partners will be outfitted with tablets that bolster their preparation and engage them to answer clients' inquiries and suggest items and wellbeing regimens.

"As we said on our last telephone call, we're making these ventures since we have confidence around here, its future and our capacity to come back to development and convey shareholder esteem," said Robert F. Moran, Interim Chief Executive Officer of GNC. "The New GNC leaves the old, broken model behind. We're sure it will positively affect the business, however it will set aside time for the progressions to grab hold and mean enhanced money related outcomes."

Moran said the organization additionally is expanding on its quality in advancement, presenting new brands and new items all through the coming year, and is rolling out improvements to its store network to help guarantee the items clients need are in stock.

The New GNC will dispatch in every one of the 4,464 U.S. claimed and diversified areas when stores open Dec. 29, similarly as shoppers are making plans to get fit and remain well.

"We constructed the New GNC around our clients' needs, their necessities and their yearnings," said Jeffrey R. Hennion, Executive Vice President, Chief Marketing and internet business Officer for GNC. "Our clients depend on us for arrangements and to discover creative items at an incredible cost. Our new model addresses those issues and gives clients a remarkable, compensating knowledge at lower costs so they can Live Well."

Stores will praise the One New GNC during the time of January with a 1 Million Point Giveaway challenge. Clients who select in the free My GNC Rewards program pick up a passage into the sweepstakes with every exchange. What's more, stores will offer testing and giveaways every Saturday consistently.

About GNC Holdings Inc. GNC Holdings, Inc. (NYSE: GNC) - Headquartered in Pittsburgh, PA - is a main worldwide forte wellbeing, health and execution retailer.

GNC associates clients to their best selves by offering a superior grouping of wellbeing, health and execution items, including protein, execution supplements, weight administration supplements, vitamins, herbs and greens, wellbeing supplements, wellbeing and magnificence, nourishment and drink and other general stock. This combination highlights exclusive GNC - including Mega Men, Ultra Mega, Total LeanTM, Pro Performance, Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD, Herbal Plus - and broadly perceived outsider brands.

GNC's differentiated, multi-channel plan of action creates income from item deals through organization claimed retail locations, local and worldwide establishment exercises, outsider contract fabricating, web based business and corporate associations. As of September 30, 2016, GNC had more than 9,000 areas, of which more than 6,700 retail stores are in the United States (counting 2,347 Rite Aid establishment store-inside a-store areas) and establishment operations in roughly 50 nations.

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