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Sprouts Farmers Market Expanding to More Communities

by Eric Munson | August 30, 2024

Sprouts Farmers Market (Phoenix, AZ) announced it will be opening 10 new stores in the coming months. The accelerated growth of part of the company’s goal of opening 35 new locations during its fiscal year 2024, the company said. Sprouts’ physical growth is in line with its financial growth. The new locations consist of: Nov. ...

Global Dietary Supplement Markets Expected to Reach $163 Billion by 2033

by Eric Munson | November 15, 2023

A new report from Future Market Insights (Newark, DE) estimates the dietary supplement market size will attain a valuation of more than $163 billion by 2023. The compound annual growth rate (CAGR) is expected to be 9.1 percent over the next ten years. Future Market Insights attributes the growth to a wide array of trends ...

GNC Files for Chapter 11 Bankruptcy

by Nicholas Saraceno | June 24, 2020

According to Bloomberg, Pennsylvania-based GNC Holdings Inc. filed for bankruptcy protection with the aim of selling itself and closing stores after its latest effort to manage its debt load unraveled amid the coronavirus pandemic, the company announced on Tuesday. The health and wellness company’s Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware allows the ...

MediNatura Finalizes Purchase of Heel Inc.

by Angela Santoriello | September 17, 2014

MediNatura Inc., a Delaware corporation headquartered in Philadelphia, PA, announced it has finalized the purchase of the Heel Group’s USA operations for over-the-counter (OTC) medications. “We are dedicated to providing outstanding homeopathic natural medications to our practitioners, retailers and the millions of people who prefer natural health care products to synthetic ones,” said Cathy Raish, ...

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