GNC plans to close its location at North Point Village Center after the company files for Chapter 11 bankruptcy protection early last week.
The vitamins and supplements retailer plans to close between 800 and 1,200 stores across the country.
A company representative told Reston Now the Reston location, which is located at 1456 North Point Drive, will likely shutter its doors within the next two weeks. An exact closing date has not yet been determined.
In a June 23 letter to its customers, the company stated that the COVID-19 pandemic “created a situation where we are unable to accomplish our refinancing and the abrupt change in the operating environment has had a negative impact on our business.”
Here’s more from the letter:
As a result, we felt the best opportunity for us to continue to improve our capital structure and address certain operational issues was to restructure through a Chapter 11 reorganization. This gives us the opportunity to improve our balance sheet while continuing to advance our business strategy, right-size our corporate store portfolio, and strengthen our brands to protect the long-term sustainability of our company.
Other Virginia locations are also closing, including the stores in Vienna, Sterling, Franklin and Charlottesville.
Photo by Laura Crielly