FitLife Brands, a marketer of a variety of dietary supplements, posted modest sales gains despite disruptions caused by problems at GNC, which is the company’s primary sales channel.
Nature’s Sunshine reversed years of sales declines in North America as demand for immune health products surged. This more than compensated for coronavirus-related sales declines in Asian markets.
Supplement retailing giant GNC seems to have prevailed in its high stakes negotiations with its lenders. Bloomberg Law reported yesterday that the company won a postponement until August of a major payment that could have caused the company to sink into...
Nu Skin Enterprises says online functionality has helped it post better than expected results even as the global pandemic crisis hamstrings the core face-to-face concept of the multi level marketing model.
Tmall Global, the e-commerce platform under Alibaba Group, plans to bring 1,000 new international brands into China over the next 12 months, with food supplements as one of the key categories.
Marketing experts recommend that brands formulate a strategy to be as nimble as possible to deal with the as yet unknown changes to the supplement marketplace in the post pandemic world. A greater online capability is seen as one of key parts of that...
The dietary supplement industry as a whole is enjoying booming sales as consumer stock up on products to support optimum health. But an industry strategist warns that that sales bump is likely to be ephemeral, and brands that are not strategizing vigorously...
GNC announced yesterday that is has received a notice from the New York Stock Exchange that is out of compliance with listing requirements because its stock price has been below $1 a share for more than 30 days.
Analysts for the customer insights firm FMCG Gurus have predicted the short and long term impacts of COVID-19 on consumer attitudes and how food, drink and supplement brands can remain front of mind after customers’ purchasing decisions have been transformed...
Dietary supplement retailer and organic grocery purveyor Natural Grocers has responded to the coronavirus crisis by increasing workers’ pay and expanding store hours to include time specifically to serve at risk populations.
Dietary supplement retailing giant GNC has announced ‘significant’ layoffs and other measures meant to help the business survive the current economic dislocations caused by the coronavirus crisis.
