GNC Holdings Inc was founded in 1935. It is a specialty retailer of health and wellness products, including VMHS products, sports nutrition products, and diet products. The Company's business segments include: Retail, Franchising and Manufacturing/Wholesale. Its retail segment is engaged in sales of products to customers at its company-owned stores in the United States, Canada and Puerto Rico and through its websites, GNC.com, LuckyVitamin.com and DiscountSupplements.com. As of December 31, 2015, the Company operated 3,594 company-owned stores across all 50 states including the District of Columbia, Canada and Puerto Rico. Its franchise segment consists of its domestic and international franchise operations, and engaged in franchise activities mainly product sales to franchisees, royalties on franchise retail sales and franchise fees. As of December 31, 2015, there were 3,169 franchise stores operating, including 1,084 stores in the U.S. and 2,085 international franchise stores operating in over 50 international countries. Its franchise stores in the United States offer both its proprietary products and third-party products, with a product selection similar to that of its company-owned stores. Its international franchise stores are offered a more limited product selection than its franchise stores in the United States with the product selection heavily weighted toward proprietary products. Manufacturing/Wholesale segment consists of manufacturing operations in South Carolina and its wholesale sales business. This segment supplies its Retail and Franchise segments as well as various third parties with finished products. Its Manufacturing/Wholesale segment is engaged in sales of manufactured products to third parties, and the sale of its proprietary and third-party brand products to Rite Aid, Sam's Club, PetSmart and www.drugstore.com. Its wholesale operations are supported mainly by its Anderson, South Carolina distribution center. The Company's sales are in four nutritional supplement categories: VMHS, sports nutrition, diet and other wellness. It offers high-quality nutritional supplements sold under its GNC proprietary brand names, including Mega Men, Ultra Mega, Total LeanTM, Pro Performance and Pro Performance AMP, Beyond Raw and under nationally recognized third-party brand names. Its online channels are, GNC.com, LuckyVitamin.com and DiscountSupplements.com. It competes with other specialty retailers, supermarkets, drugstores, mass merchants, multi-level marketing organizations, mail-order companies, other internet sites and a variety of other smaller participants. The Company is subject to also subject to regulation under various national, local and international laws.
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