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GNC Nutrition supplement stores to remain open in the Thompson-Okanagan

It appears GNC Nutrition locations will remain open in the Thompson-Okanagan, at least for the time being.

While dozens of locations for the popular supplement store have already shut down across BC, Canada and the US, the list of closed stores does not include the three locations in the southern Interior.

On June 23, the American company filed for Chapter 11 bankruptcy protection following the COVID-19 lockdown measures that hurt retail stores across the world.

<who> File Photo.

The company does plan to restructure and has received $130-million in the form of new financing and loan amendments.

According to a press release, GNC hopes to exit bankruptcy protection in the fall.

However, as many as 1,200 stores are expected to be closed by then.



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