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Don't buy GNC products

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GNC filed for chapter 11 bankruptcy June 24. GNC has struggled financially for years. Is now $900M in debt. Yet paid its CEO a $2M bonus but thousands employees lose jobs. GNC is closing about 1200 stores (about 25%). In 2018, Harbin Pharmaceutical Group Holding Co., a company controlled by the Chinese government, agreed to acquire an approximately 40% stake in GNC. GNC Vitamins and supplements likely made in China at Harbin Pharmaceutical Group.

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I am not sure bariatricpal is the place for political statements but I will bite.

As far as I can tell there products are currently manufactured in USA. Who owes the other 60% and where are the products going to be manufactured going forward?


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