GNC to close 200 stores - WFMJ.com News weather sports for Youngstown-Warren Ohio

GNC to close 200 stores

Posted: Updated:

Nutritional supplement retail chain GNC says it plans to close 200 stores this year.

The company announced on Thursday that the closings are planned as part of what it calls an “ongoing optimization” effort.

The locations that GNC will close have not yet been announced by the company which operates stores in Austintown, Niles, Hermitage, Cortland, New Castle, and two stores in Boardman.

GNC currently has 3,385 corporate stores in the U.S. and Canada, 1,083 domestic franchise locations, 2,428 Rite Aid franchise store-within-a-store locations and 2,009 international locations.

Owner GNC Holdings reported that first quarter revenues of nearly $608 million dropped from $655 million in the comparable three months from a year ago.

GNC blamed the decrease due to the sale of Lucky Vitamin which resulted in a $22.7 million reduction to revenue, and the termination of the U.S. Gold Card Member Pricing program in the prior year quarter, which resulted in a $23.0 million decrease in revenue.

Revenues in the U.S. and Canada segment decreased $24.2 million, or 4.5%, to $512.4 million for the three months ended March 31, 2018 compared with $536.6 million in the quarter from the prior year.

  • Hot ClicksHot ClicksMore>>

  • New Zealand's darkest day: 36 minutes of terror

    New Zealand's darkest day: 36 minutes of terror

    Monday, March 18 2019 7:21 PM EDT2019-03-18 23:21:59 GMT
    (Abdi Ibrahim via AP, File). FILE - This undated file photo supplied by Abdi Ibrahim, shows his 3-year-old brother, Mucaad Ibrahim, the youngest known victim of the March 15, 2019, mass shooting in Christchurch, New Zealand. Mucaad Ibrahim had big brow...(Abdi Ibrahim via AP, File). FILE - This undated file photo supplied by Abdi Ibrahim, shows his 3-year-old brother, Mucaad Ibrahim, the youngest known victim of the March 15, 2019, mass shooting in Christchurch, New Zealand. Mucaad Ibrahim had big brow...
    (Abdi Ibrahim via AP, File). FILE - This undated file photo supplied by Abdi Ibrahim, shows his 3-year-old brother, Mucaad Ibrahim, the youngest known victim of the March 15, 2019, mass shooting in Christchurch, New Zealand. Mucaad Ibrahim had big brow...(Abdi Ibrahim via AP, File). FILE - This undated file photo supplied by Abdi Ibrahim, shows his 3-year-old brother, Mucaad Ibrahim, the youngest known victim of the March 15, 2019, mass shooting in Christchurch, New Zealand. Mucaad Ibrahim had big brow...
    The attack on two mosques in New Zealand was 36 minutes of terror, telegraphed by a chilling email sent by Brenton Tarrant.More >>
    The attack on two mosques in New Zealand was 36 minutes of terror, telegraphed by a chilling email sent by Brenton Tarrant.More >>
  • Gunman kills 3 on Dutch tram; mayor fears terrorism

    Gunman kills 3 on Dutch tram; mayor fears terrorism

    Monday, March 18 2019 7:21 PM EDT2019-03-18 23:21:50 GMT
    Police in the central city of Utrecht say on Twitter that "multiple" people have been injured as a result of a shooting in a tram in a residential neighborhood.More >>
    Police in the central city of Utrecht say on Twitter that "multiple" people have been injured as a result of a shooting in a tram in a residential neighborhood.More >>
  • Facebook says service hindered by lack of local news

    Facebook says service hindered by lack of local news

    Monday, March 18 2019 7:21 PM EDT2019-03-18 23:21:38 GMT
    (AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...(AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...
    (AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...(AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...
    Facebook says that a service it established last year to provide users with local news has been hindered by cutbacks in the news industry.More >>
    Facebook says that a service it established last year to provide users with local news has been hindered by cutbacks in the news industry.More >>
  • More NewsMore>>

  • Austintown police arrest women accused of shoplifting with her child

    Austintown police arrest women accused of shoplifting with her child

    Monday, March 18 2019 7:32 PM EDT2019-03-18 23:32:05 GMT

    Austintown police arrested 31-year-old Jennifer Yohman after she was allegedly in possession of drugs and caught shoplifting with her four children.  

    More >>

    Austintown police arrested 31-year-old Jennifer Yohman after she was allegedly in possession of drugs and caught shoplifting with her four children.  

    More >>
  • March Madness wagering expected to top $8.5 billion

    March Madness wagering expected to top $8.5 billion

    Monday, March 18 2019 7:22 PM EDT2019-03-18 23:22:22 GMT

    It's March Madness time, and over the next three weeks, nearly 50 million Americans will wager more than $8.5 billion on the NCAA basketball tournament.

    More >>

    It's March Madness time, and over the next three weeks, nearly 50 million Americans will wager more than $8.5 billion on the NCAA basketball tournament.

    More >>
  • Man killed by falling pipe at Lawrence County well site

    Man killed by falling pipe at Lawrence County well site

    Monday, March 18 2019 7:04 PM EDT2019-03-18 23:04:25 GMT

    A 60-year-old man was killed by a falling pipe at a well site in North Beaver Township Monday morning. Pennsylvania State Police have identified the victim as 60-year-old Leonard Clair Long, Jr, of Glen Campbell, Pennslyvania. Officials responded to Hilcorp Energy at 1533 Mt. Jackson Road around 11 a.m. after receiving the report that Long was injured from a large steel pipe that fell from a truck and struck him. Officials attempted to revive Long but were unsuccessf...

    More >>

    A 60-year-old man was killed by a falling pipe at a well site in North Beaver Township Monday morning. Pennsylvania State Police have identified the victim as 60-year-old Leonard Clair Long, Jr, of Glen Campbell, Pennslyvania. Officials responded to Hilcorp Energy at 1533 Mt. Jackson Road around 11 a.m. after receiving the report that Long was injured from a large steel pipe that fell from a truck and struck him. Officials attempted to revive Long but were unsuccessf...

    More >>
Powered by Frankly
All content © Copyright 2000 - 2019 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms