GNC Goes Bankrupt, Closing At Least 13 Illinois Locations

GNC Goes Bankrupt, Closing At Least 13 Illinois Locations

ILLINOIS — GNC has submitted for individual bankruptcy this 7 days and will near potentially much more than 1,000 locations, including at minimum 13 in Illinois. In a letter to customers, the business in part blamed the pandemic, stating coronavirus “produced a scenario where we had been not able to execute our refinancing and the abrupt adjust in the operating environment experienced a dramatic negative impression on our enterprise.”

GNC claimed it will shut concerning 800 and 1,200 of the almost 7,300 stores it had as of the end of March. “GNC stays open up for enterprise and we thoroughly anticipate to continue on bringing our customers the greatest-top quality, most-dependable wellness, wellness and overall performance items to assist them live properly, longer,” the enterprise claimed.

Also Read: 2 More Illinois Shops Closing Retailers

A record of 248 spots in 42 states and Canada currently slated for closing was launched.

The vitamin and complement chain is closing these places at malls and procuring facilities in Illinois, such as many in the Chicago space, according to Enterprise Insider:

  • Bannockburn Inexperienced, 2569 Waukegan Rd, Bannockburn

  • College Mall, 1225 University Mall, Carbondale

  • 244 Condition Road, Chicago

  • Stony Island Plaza, 1623 E 95th St, Chicago

  • Country Club Plaza, 4285 W 167th St, State Club Hills

  • South Shoppes, 2725 IL Route 26 S, Freeport

  • Lincolnwood Town Ctr, 3333 West Touhy Ave, Lincolnwood

  • Cross County Mall, 700 Broadway East, Mattoon

  • McHenry Plaza, 1774 N. Richmond Street, McHenry

  • Orland Sq. Mall, 852 Orland Square, Orland Park

  • Peru Shopping mall, 3940 Rt 251, Place #E-9, Peru

  • Northland Shopping mall, 2900 E Lincolnway, Sterling

  • Eden’s Plaza, 3232 Lake Avenue, Wilmette

In a push launch, the business reported the transfer “accelerates retail outlet optimization and progress strategies.”

Mike Caraggi, Patch Workers, contributed to this post

This post originally appeared on the Across Illinois Patch