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Home > Company Index > Specialty Retail > Miscellaneous Retail > General Nutrition Companies, Inc.
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General Nutrition Companies, Inc. |
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NEWS FROM THE STANDARD |
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News Briefs
Jun 28 1999 12:00 AM PDT
PROFILE |
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What's good for the customer is good for General Nutrition Companies (GNC). With more than 4,500 company-owned and franchised outlets worldwide, it is the leading nutritional supplements maker and retail chain in the US devoted solely to items such as vitamins, dietary products, and herbs. Its stores include General Nutrition Centers, Health & Diet Centres (UK), GNC Live Well, and Value Nutrition. It is opening 1,500 stores within Rite Aid drugstores and it makes Rite Aid private-label products. The companies' online partner is drugstore.com. Royal Numico, a Dutch maker of nutritional products and baby formula, bought GNC in 1999.
COMPETITION |
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CVS Corporation (CVS)
Nature's Sunshine Products, Inc. (NATR)
Walgreen Co. (WAG)
DEALS |
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Deal: RiteAid and GNC Will Jointly Develop Web Site
Date Announced: 01.07.99
Value of transaction (US $Mil): 0
Description: Drug store chain, health and nutrition product retailer to develop and launch Web site together.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
1999 Sales (mil.): 1,417.70
1-Yr. Sales Growth: 18.8%
Employees: 16,888
Revenue per employee: $83,947.18
KEY PEOPLE |
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Greg Horn
CEO
David R. Heilman
CFO
CONTACT INFO |
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300 6th Ave.
Pittsburgh, PA 15222
US
Phone: 412-288-4600
Fax: 412-288-2099
Online: Web Site
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