The Vitamin Shoppe was founded in 1977 by Jeffrey Horowitz. The company operates a chain of vitamin and health supplement stores. As of 2010, the company had more than 484 locations across the US, as well as an active eCommerce site. The company did have 3 locations in Canada, but these were closed in early 2016.
The company was acquired in 2002 by the private equity firm Bear Sterns for $310 million. Annual sales were $751 million in 2010. The company went public on the NYSE in 2009 and can be found under the ticker symbol: VSI.
While the company had some quality control problems in 2007, with some products containing more than the FDA allowance of lead, these issues appear to have been resolved. In 2011, the company passed a ConsumerLab.Com testing of their women’s multi-vitamin, which passed the USFDA standards.
The Vitamin Shoppe
The Vitamin Shoppe was founded in 1977 by Jeffrey Horowitz. The company operates a chain of vitamin and health supplement stores. As of 2010, the company had more than 484 locations across the US, as well as an active eCommerce site. The company did have 3 locations in Canada, but these were closed in early 2016.
The company was acquired in 2002 by the private equity firm Bear Sterns for $310 million. Annual sales were $751 million in 2010. The company went public on the NYSE in 2009 and can be found under the ticker symbol: VSI.
While the company had some quality control problems in 2007, with some products containing more than the FDA allowance of lead, these issues appear to have been resolved. In 2011, the company passed a ConsumerLab.Com testing of their women’s multi-vitamin, which passed the USFDA standards.
History
