Content about The Vitamin Shoppe

September 11, 2014

Tony Truesdale, who has served as CEO of Vitamin Shoppe Inc. since 2006, has announced his intent to retire on June 27, 2015 to spend more time with his family and his external board work.

North Bergen, N.J. - Tony Truesdale, who has served as CEO of Vitamin Shoppe Inc. since 2006, has announced his intent to retire on June 27, 2015 to spend more time with his family and his external board work. The board of directors of the Vitamin Shoppe will be commencing a search for a new CEO, which will include both internal and external candidates, who will then implement the next stages of the company's long-term growth plans.

August 12, 2014

The Vitamin Shoppe will host its latest "Share the Health" expo on Aug. 16, in more than 600 stores nationwide.

North Bergen, N.J. - The Vitamin Shoppe will host its latest "Share the Health" expo on Aug. 16, in more than 600 stores nationwide. As part of this event, each store will offer its own specialized festivities, such as free product samples and consultations with local wellness partners.

This marks the ninth Share the Health Expo hosted by the Vitamin Shoppe since 2012. The Vitamin Shoppe stores will host wellness partners from their communities throughout the day, ranging from local gyms and spas to chiropractors and product representatives.

August 6, 2014

John Bowlin has been appointed to the board of directors of Vitamin Shoppe Inc., effective Oct. 1.

North Bergen, N.J. - John Bowlin has been appointed to the board of directors of Vitamin Shoppe Inc., effective Oct. 1. Bowlin currently serves as a director of Generac Power Systems Inc. and the Schwann Food Company.

Prior to his current role, Bowlin most recently held the position of president and CEO of Miller Brewing Company. Throughout his career, Bowlin has served in senior leadership roles at Philip Morris Companies Inc., Kraft Foods Company, Oscar Mayer Food Corp. and General Foods Corp.

August 5, 2014

Vitamin Shoppe Inc. reported net income of $16.9 million in the second quarter of fiscal 2014, down 8% from $18.3 million in the same quarter a year earlier.

North Bergen, N.J. – Vitamin Shoppe Inc. reported net income of $16.9 million in the second quarter of fiscal 2014, down 8% from $18.3 million in the same quarter a year earlier. Expenses related to Vitamin Shoppe’s March 2013 purchase of Super Supplements chain helped reduce the retailer’s net income.

August 5, 2014

In a surprise announcement, GNC Holdings Inc. said that Joe Fortunato, chairman, president and CEO of the company, is stepping down.

Pittsburgh – In a surprise announcement, GNC Holdings Inc. said that Joe Fortunato, chairman, president and CEO of the company, is stepping down. It named Michael G. Archbold, 53, CEO and CFO of The Talbots Inc., as CEO and member of the board, effective immediately. The change comes a week after GNC announced its second disappointing quarter this year.

June 9, 2014

Vitamin Shoppe Inc. has purchased FDC Vitamins LLC, doing business as Nutri-Force Nutrition, a contract manufacturer of vitamins, minerals and supplements, from MBF Healthcare Partners L.P. and other minority holders. Nutri-Force is a current manufacturer for Vitamin Shoppe as well as for other domestic and international customers and distributors.

North Bergen, N.J. — Vitamin Shoppe Inc. has purchased FDC Vitamins LLC, doing business as Nutri-Force Nutrition, a contract manufacturer of vitamins, minerals and supplements, from MBF Healthcare Partners L.P. and other minority holders. Nutri-Force is a current manufacturer for Vitamin Shoppe as well as for other domestic and international customers and distributors.

May 7, 2014

Vitamin Shoppe reported flat net income for the first quarter, at $20.5 million.

North Bergen, N.J. -- Vitamin Shoppe reported flat net income for the first quarter, at $20.5 million. Sales during the period grew 10.3% to $307.8 million, boosted by e-commerce strength, and same-store sales increased 3.6%.

“We are continuing to make investments in our omni-channel initiative to further enhance our customers overall experience," said Tony Truesdale, CEO.

The company opened nine stores in the quarter, including one in Canada. It said it plans to open 60 new stores in 2014.

 

March 31, 2014

The Vitamin Shoppe has been recognized as the top-rated vitamin store and top-rated vitamin store brand based on consumer satisfaction in ConsumerLab.com's 2014 survey of vitamin and supplement users.

North Bergen, N.J. -- The Vitamin Shoppe has been recognized as the top-rated vitamin store and top-rated vitamin store brand based on consumer satisfaction in ConsumerLab.com's 2014 survey of vitamin and supplement users. Each year, ConsumerLab.com, a provider of consumer information and independent evaluations of products that affect health and nutrition, surveys its subscribers about the vitamins and supplements they use.

February 25, 2014

Strong results in its e-commerce segment, along with growing same-store sales and income from Super Supplements stores acquired in the fourth quarter, helped boost the performance of Vitamin Shoppe Inc. during the fourth quarter and fiscal year 2013.

North Bergen, N.J. – Strong results in its e-commerce segment, along with growing same-store sales and income from Super Supplements stores acquired in the fourth quarter, helped boost the performance of Vitamin Shoppe Inc. during the fourth quarter and fiscal year 2013. On a year-over-year basis, fourth quarter net income grew 15.9% to $11.2 million from $9.7 million.

December 11, 2013

Vitamin Shoppe has announced that on Nov. 21, 2013 it filed suit against law firm Seeger Weiss LLP in New York federal court.

North Bergen, N.J. – Vitamin Shoppe has announced that on Nov. 21, 2013 it filed suit against law firm Seeger Weiss LLP in New York federal court. Vitamin Shoppe argues that Seeger Weiss is infringing on the company's trademarks on a website designed to solicit plaintiffs for a class-action lawsuit over alleged misrepresentations related to its Bodytech protein supplements and is being harmed by unauthorized use of its trademarks.

November 5, 2013

Vitamin Shoppe reported net income of $16.3 million during the third quarter of fiscal 2013, flat with the same quarter in the prior year.

North Bergen, N.J. – Vitamin Shoppe reported net income of $16.3 million during the third quarter of fiscal 2013, flat with the same quarter in the prior year. The retailer also reported a 14% increase in total net sales, to $272.5 million from $239 million, as well as a 2.6% jump in same-store sales.

October 16, 2013

Vitamin Shoppe, Inc. has opened a new 311,740-sq.-ft. distribution center in Ashland, Va.

North Bergen, N.J. – Vitamin Shoppe, Inc. has opened a new 311,740-sq.-ft. distribution center in Ashland, Va. The center began receiving inbound inventory in June 2013 and outbound shipments to stores began in September 2013.

As of October 15, 2013, the center was shipping inventory to 56 Vitamin Shoppe stores located in Texas, Oklahoma, New Mexico and Louisiana. The center, which was built to the Vitamin Shoppe's specifications, features state-of-the art conveyor and picking and packing systems to move goods and orders throughout the facility.

September 26, 2013

Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

Monrovia, Calif. – Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

According to the Hingham Journal, Trader Joe’s signed a lease with Samuels & Associates in winter 2012 to open a 12,000-sq.-ft. store in the Launch portion of the Shipyard complex.

March 25, 2013

Vitamin Shoppe said Monday it has opened its first international franchised Vitamin Shoppe store, located in Panama City.

Bergen, N.J. -- Vitamin Shoppe said Monday it has opened its first international franchised Vitamin Shoppe store, located in Panama City. The store, which opened March 4, is owned and operated by franchisee Reprico.

"We're excited to partner with Reprico and bring the Vitamin Shoppe to Panama," said Musab Balbale, director of new business for the Vitamin Shoppe. "Our focus on delighting the customer with knowledge and great service will make us a trusted source for our customers in Panama."

 

February 26, 2013

Vitamin Shoppe Inc. said its fourth-quarter net income rose 3% to $9.7 million, up from $9.4 million in the year-ago period.

North Bergen, N.J. -- Vitamin Shoppe Inc. said Tuesday its fourth-quarter net income rose 3% to $9.7 million, up from $9.4 million in the year-ago period.
   

February 15, 2013

The Vitamin Shoppe announced that it has closed on the previously announced purchase of Super Supplements, a specialty retailer of vitamins, minerals and supplements for approximately $50 million.

North Bergen, N.J. -- The Vitamin Shoppe announced that it has closed on the previously announced purchase of Super Supplements, a specialty retailer of vitamins, minerals and supplements for approximately $50 million. The acquisition was funded with available cash. 

The transaction was structured as a purchase of Super Supplements' assets by a wholly-owned subsidiary of the Vitamin Shoppe. Super Supplements is headquartered in Seattle, Washington and operates 31 stores in the Pacific Northwest.
 

February 4, 2013

The Vitamin Shoppe said it was notified by the FTC that it has been cleared to acquire Super Supplements, with a targeted closing date of Feb. 15.

North Bergen, N.J. -- The Vitamin Shoppe said Monday it was notified by the FTC that it has been cleared to acquire Super Supplements, with a targeted closing date of Feb. 15.

In December, the vitamin retailer had announced it would purchase the assets of Super Supplements, a specialty retailer of vitamin, mineral and supplements, for $50 million.  

Super Supplements operates 31 stores in Washington, Oregon and Idaho, and expands Vitamin Shoppe's presence in the Pacific Northwest where it currently operates 17 stores.  

January 14, 2013

Vitapath, a subsidiary of U.S.-based Vitamin Shoppe, has opened its first two Canadian stores in the greater Toronto area in Newmarket and Leaside.

Toronto -- Vitapath, a subsidiary of U.S.-based Vitamin Shoppe, has opened its first two Canadian stores in the greater Toronto area in Newmarket and Leaside. The company expects to expand its retail stores under the Vitapath banner across Canada, with additional locations expected to open later in 2013.

December 17, 2012

The Vitamin Shoppe announced that it has entered into a definitive agreement to purchase the assets of Super Supplements, a specialty retailer of vitamin, mineral and supplements for approximately $50 million.

North Bergen, N.J. -- The Vitamin Shoppe announced that it has entered into a definitive agreement to purchase the assets of Super Supplements, a specialty retailer of vitamin, mineral and supplements for approximately $50 million.

Super Supplements, headquartered in Seattle, operates 31 stores in Washington, Oregon, and Idaho. The acquisition expands the Vitamin Shoppe's presence in the Pacific Northwest where it currently operates 17 stores.

 

November 6, 2012

Vitamin Shoppe Inc. reported that net income for the third quarter leaped 36.8% to $16.3 million, from $11.9 million last year.

North Bergen, N.J. -- Vitamin Shoppe Inc. reported Tuesday that net income for the third quarter leaped 36.8% to $16.3 million, from $11.9 million last year.

Revenue rose 14.4% to $239 million, missing Wall Street’s expectations of $241.8 million in revenue. Same-store sales surged 9.6%, marking the company’s 28th consecutive quarter of positive comps.

For the current year, Vitamin Shoppe said it expects to open 52 new stores and, for fiscal 2013, the preliminary forecast is to open 57 new stores.

 

August 7, 2012

Private equity firm Sycamore Partners, which has wrapped up its $391 million acquisition of The Talbots, appointed Michael Archbold, formerly president and COO of Vitamin Shoppe, as CEO and CFO of Talbots.

Hingham, Mass. -- Private equity firm Sycamore Partners, which has wrapped up its $391 million acquisition of The Talbots, appointed Michael Archbold, formerly president and COO of Vitamin Shoppe, as CEO and CFO of Talbots. Archbold, who also served as executive VP and CFO of Saks Fifth Avenue, replaces Trudy Sullivan, who resigned from the CEO’s job after Sycamore completed its acquisition of Talbots late last week.

August 7, 2012

Vitamin Shoppe Inc. reported that net income for the second quarter surged 38.8% to $16.6 million, compared with $12 million in the year-ago period and marking the third straight quarter of profit increases.

Bergen, N.J. -- Vitamin Shoppe Inc. reported Tuesday that net income for the second quarter surged 38.8% to $16.6 million, compared with $12 million in the year-ago period and marking the third straight quarter of profit increases.

Revenue rose 13.4% to $245 million, beating Wall Street’s expected $241.8 million in revenue.

The company said it is on track to open 52 stores in fiscal 2012.

May 8, 2012

Vitamin Shoppe reported that net income for the quarter ended March 31 rose to $18.3 million, from $11.6 million in the same period last year.

North Bergen, N.J. -- Vitamin Shoppe reported Tuesday that net income for the quarter ended March 31 rose to $18.3 million, from $11.6 million in the same period last year.

Sales surged 14.4% to $248.1 million, boosted by a strong 9.6% rise in same-store sales. E-commerce sales rose 15.5% in the quarter.

The vitamin retailer said it plans to open 52 new stores in fiscal 2012.
 

February 28, 2012

Vitamin Shoppe reported that net income for the fourth quarter surged 57% to $9.4 million from $6 million a year earlier, boosted by strong online results and an extra week in the fiscal calendar.

North Bergen, N.J. -- Vitamin Shoppe reported Tuesday that net income for the fourth quarter surged 57% to $9.4 million from $6 million a year earlier, boosted by strong online results and an extra week in the fiscal calendar.

The vitamin retailer, which saw revenue climb 19% to $214.9 million in the quarter, said it is planning to open 52 new stores in 2012.

January 4, 2012

Express has announced changes to its board of directors.

Columbus, Ohio -- Express has announced changes to its board of directors. Michael Archbold, president and COO of Vitamin Shoppe, has been appointed to the board as a class I director, effective Jan. 3.

Archbold joined Vitamin Shoppe in 2007 as CFO and COO. He was promoted to president in 2011. Previously, he was executive VP, CFO and chief administrative officer of Saks Fifth Avenue.