GNC to Shutter in North Point Village Center

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

Recent Stories

Fairfax County set height limits for flag poles, among other changes, with its zoning ordinance modernization in 2021 (staff photo by Angela Woolsey) A day after neighboring Arlington County made…

The Fairfax County Courthouse (staff photo by Jay Westcott) In response to calls for additional legal assistance, Fairfax County is poised to establish a self-help resource center in the library…

Police line up on Route 7 during an armed robbery pursuit (via @notaveryh/Twitter) Police took two people into custody yesterday (Thursday) after a reported armed robbery in Great Falls turned…

A Fairfax County police car (file photo) Police have identified the couple that was found dead in Reston Tuesday (March 21) afternoon in what they say was a murder-suicide. According…

×

Subscribe to our mailing list