GNC
GNC’s gross revenues dropped annually by 3.4%. Moreover, their debt was $1.3 billion! The chief executive said e-commerce and taxes in China were all great during the second quarter of 2018.. The company, however, announced a decrease in top sales over the same period. That’s why the company sold 40% of its stock to a Chinese company. They are now to market, produce, export, and supply the goods in Asia.
GNC
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Fred’s Pharmacy
A 4.3% decline in the earnings and a loss of $139.3 million has been reported in the Fred Pharmacy. The company initially planned to increase its 600 stores to 1,000. The CFO was appointed to a former media executive in February 2018. Fred has a Plan B to go up for sale. It was sold for $40 million.
Fred’s Pharmacy
