GNC Corporation · Pittsburgh, PA United States
Company Description
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This link will open in a new window What's good for the customer is good for GNC Corporation (formerly General Nutrition Centers). With more than 6,600 stores throughout the US and Canada (including about 950 franchises and some 1,710 stores within Rite Aid drugstores) as well as franchise operations in about 45 foreign markets, GNC is the leading nutritional-supplements retail chain devoted solely to items such as vitamins and dietary products. The company also makes Rite Aid private-label products. GNC has been closing underperforming stores located in the US. GNC's online partner is drugstore.com . In 2007 Apollo Advisors sold the firm to Ontario Teachers' Pension Plan and Ares Management , a US private equity firm, for about $1.6 billion. To read the full description, subscribe now.
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Key GNC Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,656.7 |
| 2008 Employees | 12,862 |
GNC Corporation Executives
17 executives listed for GNC Corporation's Pittsburgh, PA location.
| Title | Name & Bio | Contact |
| Chairman | Norman Axelrod | Network |
| CEO and Director | Joseph Fortunato | Network |
| President, Chief Merchandising and Marketing Officer, and Director | Beth Kaplan | Network |
Competition
Competitive Landscape for GNC Corporation
Consumer spending and tastes drive demand. The profitability of individual companies depends on effective merchandising and the ability to generate store traffic. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by offering specialty products, providing superior service, or serving a local market. The industry is labor-intensive: average annual revenue per worker is about $100,000. Competition includes traditional grocery stores, mass merchandisers, and warehouse clubs. Specialty food stores also compete with any venue serving food, including restaurants. To read the full description, subscribe now.Top GNC Corporation Competitors
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