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The Vitamin Shoppe held an initial public offering on October 26, 2009. [7] The company made $751.5 million in net sales in fiscal 2010 and had a market capitalization of over $1 billion. [ 8 ] Since attaining its peak in February 2013, the stock has lost more than 90% of its value as of August 2017.
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On November 3, 2024, Franchise Group and all of its affiliated subsidiaries filed for Chapter 11 bankruptcy protection in Delaware. The company plans to keep its Pet Supplies Plus, The Vitamin Shoppe, and Buddy's Home Furnishings stores open during the procedure, while it plans to liquidate American Freight.
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Vitamin World, Inc. was founded in 1977 as a subsidiary of NBTY Inc, later the Nature's Bounty Company. [1] NBTY manufactured and sold vitamin and mineral supplement products under the "Vitamin World" label, sports nutrition products under their "Precision Engineered" label, and numerous National Brand label products at the stores.
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