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View from the aisles: Retailer news

View from the aisles: Retailer news

News and trends down the chain, from consumer habits to retailer trends, have implications for supplement manufacturers across the country. In this Topic category we keep an eye on key developments in the dietary supplement retail space. 

NPA launches SSCI with GNC, Vitamin Shoppe, Walmart & Whole Foods onboard

The Natural Products Association has officially launched the Supplement Safety and Compliance Initiative (SSCI), with some of the largest retailers of natural products and supplements involved.

GNC to overhaul in-store experience in bid to halt sales slide

Supplement retailing giant GNC will hit the reset button on its customer experience by closing all of its corporate-owned stores for one day next week to install new checkout terminals...

News in brief

Vitamin Shoppe expands across LATAM

Supplement retailer The Vitamin Shoppe has opened its first two franchise stores in Paraguay, and has also expanded its presence in Panama and Guatemala.

GRMA close to finalizing consensus-based GMP standard for dietary supplements

The Global Retailer and Manufacturer Alliance (GRMA) expects to finalize and publish a consensus-based GMP standard for dietary supplements before the end of Q1 2017.

Consumers feel more connected to retailers that reflect their communities, C Space survey finds

Offering a small selection of locally produced food and beverages is no longer enough to set retailers apart -- now the entire store needs to reflect the community it serves...

Natural Grocers same store sales disappoint; guidance for 2017 ratcheted down

Natural Grocers by Vitamin Cottage continues to grow, but increased competition has the company becoming tied ever more firmly to its strategy of aggressive growth in the number of stores.

Vitamin Shoppe to revamp outlets as 'wellness' locations, restricts expansion plans

Vitamin Shoppe is embarking on a plan to revamp existing stores as  ‘wellness locations’ with in-store beverage bars, sampling counters and the possible addition of perishable items. The plan also...

Survey finds consumers are cautious, which could put pressure on supplement margins

Consumers are likely to be cautious in spending during the holidays and into the new year, a new consumer research survey has found. While there is still good support for...

GNC's revenues drop 8%; stock price dives by 25%

GNC lost a quarter of its market capitalization Thursday as its stock price plunged after a disappointing third quarter earnings report. 

GNC could be the next supplement firm to be taken into Chinese ownership

GNC could become the latest vitamin and supplement firm to have Chinese owners, with The Wall Street Journal reporting that the company has met with several interested parties.

Companies beta-testing CRN’s dietary supplement product registry

Nine companies are beta-testing the CRN’s product registry – the Supplement Online Wellness Library (Supplement OWL) – which is being developed and administered by UL.

Walmart to eliminate ‘independent verification’ statement from Spring Valley Supplements

Wal-Mart Stores Inc. will remove the “Verified by an independent, certified laboratory” statement from its store-brand Spring Valley dietary supplement labels, following an agreement with Iowa’s Attorney General.

MegaFood’s ZingMojo summit explores the central role of natural retailers for health & wellness in their community

Natural retailers face many challenges, but demographic and technology changes are also creating opportunities, many of which were explored at a recent summit hosted by MegaFood.

News in brief

NPA adds 59 new retail and supply members

The Natural Products Association (NPA) has added 59 new members to its ranks in 2016, with the association “redoubling its efforts recently to gain and retain new members”.

CEO Archbold leaves GNC amid falling revenue, same-store sales declines

GNC ousted Mike Archbold as CEO early today as a result of the company’s continued poor financial performance. In its second quarter 2016 results, released this morning, the company reported...

GUEST ARTICLE: Whole Foods will be sharing its sales data again. Why now? What now?

Whole Foods Market – which has not shared its sales data with syndicated data providers for a decade –is returning to cooperator status. But why now, and what does this...

Amway breaks into sports nutrition market with new line

Amway is building on an earlier acquisition and is seeking to reach new markets with the launch of its XS Sports Nutrition line, the company announced recently.

Report: Herbalife settles with FTC

Herbalife has reportedly reached a settlement in its case with the Federal Trade Commission.

Data dive, hands-on approach both advocated as trend spotting methods

What drives new trends? Is this best discovered seeing them unfold in real time at hands of innovators, or are they better discerned via a deep dive into marketing data? ...

How should mainstream retailers merchandise 'natural' foods?

How best to merchandise 'natural' foods? For some mainstream food retailers, a store within a store is the best option, says David Winter, director of sales operations and sales strategy...

Vitamin Shoppe’s Q1: Strong growth for probiotics, declines for sports nutrition, on-the-go nutrition & weight management

The Vitamin Shoppe has reported total revenue has remained flat, with total comparable sales declining 1.9% in its first quarter results. E-commerce grew by almost 4%.

GNC announces strategic, financial review to increase shareholder value

Dietary supplement heavyweight GNC Holdings has started a review of a wide range of strategic and financial alternatives to increase shareholder value.

The top picks from the education sessions at the Healthy & Natural Show

The inaugural Healthy & Natural Show kicks off on Thursday, May 5 with a top quality education program. In this special gallery we trawl through the program and give you...

Discounting to clear unexpected multivitamin inventory bulge hurts GNC's Q1 results

Supplement retailing giant GNC has suffered through a disappointing quarter that CEO Michael Archbold chalked up mostly to inventory problems.

GNC’s CEO: Raw material GMPs are “absolutely a great solution for the industry”

Supplement heavyweight GNC’s industry initiative to boost supply chain integrity and defend consumer confidence is gaining momentum, with over 80 different companies involved in the consortium to date, said the...

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