I'm just wondering why they get such a bad rap on this subreddit. Overprice and Ineffective Supplements. I went to a GNC somewhere in Florida (Don’t want to name the city or call out the employee) – but this guy was literally 100 lbs overweight. "The Chapter 11 process will allow us to accelerate these strategies and invest in the appropriate areas to evolve in the future, while improving our capital structure and balance sheet," GNC said in a letter to shoppers. Around 30% of its stores in the United States and Canada were forced to temporarily close because of the pandemic. They do once in a while sell GNC Brand creatine but once again you can find it way cheaper online. There are a ton of great options these days to purchase supplements online (ahem… Suppz.com) – but there is 1 place that I recommend you stay far away from, and that is GNC. You are paying 10 dollars a month to purchase low quality supplements that are marked up by well over the 20 percent discount. Have you ever been curious why GNC employees seem to push certain supplements over others? Compare the price you pay online to the “Gold Card Discount” and it is still no comparison. Take Test X180 for example. Get FREE expedited shipping all year long at GNC.com. Not only that, but the firm’s free cash flow for the year is expected to fall somewhere between $190 million and $201 million — not nearly enough to meet its debt obligations… Workers of GNC NEED TO be more entusiastic about any product not. All rights reserved. With GNC stock, then, what investors are looking at is a company with declining revenues, declining earnings, declining cash flows, and a still huge debt load. GNC explained that bankruptcy will give the company an "opportunity to improve our balance sheet while continuing to advance our business strategy, right-size our corporate store portfolio, and strengthen our brands to protect the long-term sustainability of our company.". The health and supplement industry clearly takes advantage of the average consumers lack of knowledge and it is my responsibility as an expert in this field to relay good information as much as possible! Lower revenue, as well as an increase in selling, general, and administrative expenses, drove GNC's profits lower. New York (CNN Business)GNC has filed for bankruptcy, warning it will close up to a quarter of its stores and search for a buyer. 4 years ago. WOMEN'S MULTIS . GNC used to be the premium stop for bodybuilding supplements but now that purchasing supplements online has become so powerful, they have had to employ shady strategies to stay in business and increase the mark up. I figure they target "noob" people just getting into fitness. One popular supplement company recently tried pushing their high quality line of bodybuilding supplements into GNC, but failed miserably because GNC lowballed them so hard on the price. GNC officials had announced in November 2018 that they would close up to 900 stores over the next three years in the U.S. and Canada as leases expire. GNC employees can smell blood in the water when a person comes in with little knowledge of supplements and fitness. All times are ET. Why Do You Want To Work For Gnc Posted on May 27, 2020 May 27, 2020 by Tricia Webster Will make why do you want to work for gnc coffee, she will taste it first You got the nanny very good, why did you quit her She is in love Song Xiaoyuan said, She secretly called her boyfriend while I was sleeping. This means that they are trying to sell you the products that give them the best commission – not the best results. I was out of town in Wisconsin and out of protein powder and pre workout and needed it THAT DAY so I was forced to step foot in a GNC about 6 months ago. When you are purchasing a protein, pre workout, test booster, fat burner, etc you should know exactly how much of each active ingredient is included. They are clearly on steroids and hate their life because they don’t have the talent to be a paid bodybuilder or endorsed athlete and are sitting behind the counter making 12 dollars an hour, or they are completely out of shape and full of opinions on what supplements will give you great results. General Nutrition Centers Holdings (GNC), a Pittsburgh based vitamins and nutrition company was once a household name. If you are looking to purchase pure Creatine, Dextrose, BCAA, Glutamine, L-Citrulline, Etc you will not find it at GNC. Back when GNC was rocking (think '80s and '90s), it was the basically the only place to buy supplements. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Here's how badly its same-store sales and top-line growth deteriorated over th… I couldn’t even find pure Micronized Creatine because they were trying to sell me some fancy overpriced creatine HCL. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Never understood it either. The growth of other options. GNC clearly has exclusive deals with certain supplement lines. That is a recipe for disaster. In our articles over the last eighteen months, we've consistently argued for taking a short put option based approach versus holding the company's shares outright. They will reverse engineer their sales pitch to sell you the product they will make the most money on – plain and simple. They need toshow more compability, diffrence and how much organic the product is etc or first thing first listen to customer. They claim that Fenugreek extract, Tribulus, and Cordyceps are the magic ingredients in their powerful test booster. See why GNC Men’s and Women’s multivitamins are better – and how our specialized formulas can help you. I understand they are a company trying to make money and survive just like any other. This article is nothing personal about GNC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. I was mortified by the prices I saw in the store. level 1. As I mentioned earlier, no one is really shopping in GNC locations anymore – hence why they keep closing stores. Leaderless, $4 billion in debt and with a stock price below $2, the besieged retailer faces an uncertain fate after posting its latest round of dismal earnings. The biggest concern about GNC stock is the company’s massive debt pile. The best supplements in the world are going to tell you exactly what is included and in what quantity. GNC Holdings (GNC) is joining the parade of store chains closing a big number of stores as they look to fix their businesses. The vitamin chain will close as many as a quarter of its stores for now. They care about your profit margin and how cheap they can acquire a new customer for. While there are a few decent ingredients in each – they are both “proprietary blend” supplements meaning that you don’t even know how much of each active ingredient you are getting. Give it a try, you can unsubscribe anytime. Here's what you need to know, ICC warns vaccine nationalism will damage global economy, Delta to block middle seats through April, Sluggish recovery: US economy adds 49,000 jobs in January, Food stamps offer a lifeline for millions of Americans, Vaccine manufacturer: Global harmonization of regulation is lacking, Commercial pilots blame pandemic downtime for in-flight mistakes, US economy saw worst year in 2020 since 1946, Evictions, job loss, hunger: Biden inherits an economic mess, Growing 'concern' in EU over slow Covid-19 vaccine rollouts, Biden's CDC director: Couldn't tell you how much vaccine we have, Covid-19 crisis creates 'new poor' throughout Italy, The transportation industry is still struggling to recover, Janet Yellen on Covid relief: 'Smartest thing we can do is act big'. GNC said it was working with a coalition of retailers, multi-level marketers, and pharma companies to "improve the narrative" after widespread claims … Once again – GNC doesn’t care about your health and fitness. Sometimes I make my own special recovery and pre workout blends and just buy the active individual ingredients by themselves. However, it is worth mentioning that the type of DNA testing used on these products was primarily designed for archeology and paleontology, so the relevance to supplement testing was questionable. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. It plans to close up to 20% of its 5,800 retail stores, which amounts to as many as 1,200 locations across the United States. But as mall visits declined and Walmart, Walmart's Sam's Club, and Costco offered more vitamins and supplements in cheaper bulk packages, GNC's business dried up. You are just donating 120 dollars of profit per year to the GNC Corporation so they can continue to spend more money marketing and persuading the average consumer to buy their shitty and overpriced supplements. GNC Holdings, Inc. (also known as General Nutrition Centers and abbreviated GNC) is a company based in Harbin, China with an American office in Pittsburgh, Pennsylvania. All rights reserved. To there defense – this is obviously the goal of most businesses, but do you want to put your health and fitness in the hands of a company clearly on the decline trying to employ shady tactics to stay in business in the internet era? GNC sells its own vitamins and health supplements alongside third-party products at its retail stores, many of which are located in malls. MEN'S MULTIS . Specializes in health and nutrition related products, including vitamins , supplements , minerals, herbs, sports nutrition , … I have shopped there in the past but I will never shop at a GNC again for a number of reasons. This article is nothing personal about GNC. Troy Adashun May 13, 2015 Reviews Leave a Comment. GNC filed for Chapter 11 bankruptcy with the Securities and Exchange Commission (SEC) this June and is planning to shutter 1200 stores out of the 8900 stores present worldwide. I've never bought anything from them so I can't say whether they're good or bad but their return policy seems pretty good and their prices for supplements seem to match bodybuilding, amazon, and vitaminshoppe. The firm’s long-term debt load is a whopping $1.38 billion, a worrying figure when you consider the fact that, during the third quarter of 2017, GNC had just $40 million in cash on the books. After Vitamin Shoppe and online came into the mix, GNC … Also the more someone pays for supplements, the bigger the placebo effect. These two supplements are marketed as powerful muscle building and testosterone boosting supplements and cost well over 50 dollars for a less than 30 day serving. I have shopped there in the past but I will never shop at a GNC again for a number of reasons. I didn’t think so. It obtained $130 million in fresh financing from its largest vendor, vitamin supplier IVC, to help it restructure. There are a few reasons why you would receive this e-mail, including: difficulty in processing your order, inability to ship to the address provided, duplicate order, cancellation of order. Should you receive a notice like this, please call a Customer Service Specialist at 1-877-GNC-4700 immediately so … I'm not defending GNC or anything. New York (CNN Business) GNC has filed for bankruptcy, warning it will close up to a quarter of its stores and search for a buyer.

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