GNC Files Bankruptcy & Announces Closure of 1,200 Stores

Hip2Save may earn a small commission at no extra cost to you via trusted partners and affiliate links in this post. Prices and availability are accurate as of time posted. Read our full disclosure policy here.

More News

GNC storefront

Another company is closing stores because of coronavirus!

GNC recently announced that they have filed Chapter 11 bankruptcy and will be closing as many as 1,200 of their 4,800 U.S. stores. However, their 1,000+ franchise stores will not be affected.

Prior to the pandemic, the 85-year-old health and nutrition retailer was looking to close around 900 underperforming stores in an attempt to refinance the business, pay off debt, and ensure long-term growth. However, the pandemic has made this plan impossible.

people walking past GNC storefront wearing face masks

Currently, select retail stores are open for business and offering curbside pick-up. Stores that are still closed due to the pandemic will reopen as quickly as possible in accordance with government guidelines.

GNC is accelerating the closure of the 1,200 affected stores, but some stores may remain open for a period of time before permanently closing. All stores fully intend to uphold loyalty points, store memberships, and gift cards.

To check if your local store is closing, head here.

Bookmark this page for latest news on all your favorite stores!

Join The Discussion

Comments 8

  1. Jamie S

    Boo, I get my elderberry capsules here. Luckily, right now, only 1 store in Alabama is closing. Hope some remain open.

  2. Allison

    I am beyond surprised that ours is NOT on the list. No one is ever shopping in there.

  3. bobear

    No surprises. Their vitamins and supplements were overpriced and the staff was pushed hard to upsell customers.

  4. Mommyx6

    Sad that people will lose their jobs. But not surprised. It’s too expensive.

    • Mommyx6

      A lot of these small stores have better deals online. For example gnc and children’s place.

  5. chesca

    I am surprised it survived as well as it did. I agree with an above post…there are/or were a few in RI and if i walked in it was always only the cashier and me. Lol

  6. natie

    Nooooooo!!! This is terrible news, but it’s good to know. Thanks for sharing these kinds of things and keep us in the know.

  7. Bunker

    I’m not going to pay for a card to get a discount once a month, if it works they wont sell it anyways.

Leave a Reply

Your email address will not be published. Required fields are marked *

It's not your Grandma's coupon site!

Sign up for a Hip2Save account (it's free) to access all of the awesome features!

Forgot Password?

Don't have an account? Register

Forgot Password

Don't have an account? Register

Become a Hip2Save Insider

Don't Miss Out! Join our large community of insiders - it's totally free! Once you join, you'll be able to save & share your favorite deals, rate posts and recipes and add items to your HipList and Cookbook! What are ya waiting for?!

Already have an account? Login

Thank you for rating!

Would you also like to leave us a comment?