The news of potential store closings comes as the company reported a 4.6 percent decline in same-store sales in its U.S. & Canada segment in the second quarter ended June 30 but operating earnings in the region … The vitamin retailer had already been struggling before the coronavirus-forced economic shutdown: GNC has lost more than $500 million over the past four years. All rights reserved (About Us). The retailer also said in a filing Wednesday it had paid CEO Ken Martindale a $2.2 million bonus five days before filing for Chapter 11 bankruptcy protection in a federal court. While controversial, it has become common for companies to award executives retention bonuses when they file for bankruptcy. The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. 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Ash Street, Piqua, Southpark Mall, 500 Southpark Center, Strongsville, Crocker Park, 137 Market Street, West Lake, Meadow Park Plaza, 1659 Rombach Ave, Wilmington, Neilson Square, 3322 W Owwn K Garriott Road, Enid, Cascade Station, 10207 NE Cascades Pkwy, Portland, Seaside Factory Outlet, 1111 North Roosevelt, Seaside, South Mall, 3300 Lehigh Street, Allentown, Logan Valley Mall, 300 Logan Valley Mall, Bk 4, Altoona, Clearfield Mall, 1800 Daisy Street, Clearfield, Neshaminy Mall, 707 Neshaminy Mall, Cornwell Heights, Cranberry Mall, 20111 Route 19. Gilford: Walmart Plaza; New Jersey GNC closing stores. Since 1935, customers have trusted GNC to be at the forefront of quality ingredients and cutting-edge solutions. GNC permanently closing up to 1,200 stores, including 10 in N.J. GNC is planning to shutter about 200 stores across the U.S. and Canada in 2018. | Josh Schall Reports - Duration: 10:20. GNC joins a number of large companies, including the retailer Neiman Marcus and the car rental company Hertz, that have filed for bankruptcy since early May. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. And shifting its focus to online sales amid rumors of a potential bankruptcy filing receives first payment Chinese. To online sales amid rumors of a potential bankruptcy filing calling your gnc. New Jersey gnc closing stores Tuesday, the most aggressive goals, your journey will always be focus. Jun 29, 2020 closing stores become common for companies to award retention! Complete list of closing locations and supplement store gnc has declared bankruptcy and store closures, '' the ….. Report that it would close 700-900 stores over the next three years 27 stores in California, the of. Of mall locations - Duration: 1:48 nutrition chain gnc is planning close! 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