GNC closing nearly 200 stores - KXLT - Fox 47 Rochester MN News, Weather, Sports #rochmn

GNC closing nearly 200 stores

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(FOX NEWS) -

GNC says it will close 200 stores this year to cut costs and deal with more than $1 billion dollars in debt.

Like other retailers, GNC has been struggling with a large brick-and-mortar presence and competition from online sellers.

The company operates or oversees almost 9,000 stores, including 3,800 locations in the U.S.

Sales at U.S. GNC stores open for at least a year were down 1.9% in the first quarter. 

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