Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. The company announced a restructuring plan Sunday (Nov. 3), as well as plans to shutter one of its holdings, furniture chain American Freight. “Today’s announcement to de-lever our balance sheet...
Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. The retail holding company announced in a news release Wednesday (May 10) that it would be taken private by a group led by CEO Brian Kahn in a deal worth...
After more than a year of activist approaches, breakup proposals and rebuffed board shake-up plans, Kohl’s announced Monday (June 6) that it was entering into three weeks of exclusive negotiations to sell itself to a little known vitamin and pet shop retailer that’s only about one-fifth...
From fitness freaks to makeup mavens, Health and Beauty shoppers are going mobile. The latest Omni Usage Index reports 44 percent of these consumers use retailer mobile apps a far higher percentage than other retail verticals can boast. But with consumers giving retailers an...
May 21, 2018
From fitness freaks to makeup mavens, Health and Beauty shoppers are going mobile. The latest Omni Usage Index reports 44 percent of these consumers use retailer mobile apps a far higher percentage than other retail verticals can boast. But with consumers giving retailers an average satisfaction score of just 37.9 out of 100, many merchants are seemingly missing the mark. PYMNTS examines 900-plus data points to gauge where merchants are excelling and where they’re falling behind, inside the Index.
November 07, 2024
Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. But as the company was collapsing, it paid insiders $5.75 million in bonuses to keep them in their jobs, Bloomberg News reported Thursday (Nov. 7). The report, which cited court documents related to the bankruptcy, said that other key employees […]
November 03, 2024
Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. The company announced a restructuring plan Sunday (Nov. 3), as well as plans to shutter...
May 11, 2023
Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. The retail holding company announced in a news release Wednesday (May 10) that it would...
August 15, 2017
The Vitamin Shoppe customers can now subscribe to the retailer and receive personalized sample kits, Chain Store Age reports. The company designed the service in a collaboration with branding firm...
