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GNC marks mass retail for nationwide distribution of its 'Marked' portfolio
PITTSBURGH — GNC is ramping up its reach beyond its 6,100 retail outlets, Joe Fortunato, the company's chairman, president and CEO, told analysts last week. The company's relationship with Sam's Club, which incorporated a branded shelf in July, is expanding; new products are being introduced to PetSmart, suggesting potential growth in pet supplements; and GNC's Marked line, co-developed with action movie star Mark Wahlberg, has been launched through Rite Aid and Walgreens.
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Reports: Analyst names Ahold as 'most logical' buyer of Harris Teeter
NEW YORK — Supermarket operator Ahold USA could be in a position to buy Matthews, N.C.-based supermarket chain Harris Teeter, according to published reports.
Citing remarks by BMO Capital Markets analyst Karen Short, the Wall Street Journal reported that Ahold, Publix Super Markets and Kroger Co. would be candidates for a purchase of Harris Teeter, with Ahold named as the most logical candidate due to an acquisitive nature and a desire to enter the southern United States.