GNC Holdings Inc. expects to close about 900 stores, CEO Kenneth Martindale said during the retailer’s second-quarter earnings call with financial analysts this week “As a result of the current mall traffic trends, it’s likely that we will end up closer to the top end of our original optimization estimate of 700 to 900 store closures,” Martindale said. GNC has more than 30 locations in Greater Baltimore. About 28 percent of Pittsburgh-based GNC’s (NYSE: GNC) existing 6,200 store base…
from https://www.bizjournals.com/baltimore/news/2019/07/24/gnc-targets-900-store-for-closure.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186517720422
No comments:
Post a Comment