Pittsburgh-based GNC considers filing for bankruptcy protection

PITTSBURGH — Pittsburgh-based GNC said it may consider filing for bankruptcy protection as early as this week.

The company is trying to delay payment of $50 million to its lenders, according to our news partners at TribLIVE. The money is due by Saturday.

Filing for Chapter 11 bankruptcy is one option, company officials said.

Even before the COVID-19 pandemic, GNC was planning to close about 900 stores.

Have questions about the spread of the coronavirus? We have an entire section dedicated to coverage of the outbreak. CLICK HERE for more.

GNC to close 900 stores GNC to close 900 stores

Most Read