Vitamin World

Last updated
Vitamin World
Company typePrivate
IndustryRetail
Headquarters Melville, New York, United States
Number of locations
56 locations (May 2023)
Products Nutritional Supplements
OwnerFeihe International, Inc.
Website www.vitaminworld.com

Vitamin World USA Corporation is a global retailer of vitamins and nutritional supplements and is headquartered on Long Island, New York in the United States.

Contents

History

Vitamin World, Inc. was founded in 1977 as a subsidiary of NBTY Inc, later the Nature's Bounty Company. [1] NBTY manufactured and sold vitamin and mineral supplement products under the "Vitamin World" label, sports nutrition products under their "Precision Engineered" label, and numerous National Brand label products at the stores.

Vitamin World was acquired from Nature's Bounty by private equity firm Center Lane Partners in 2016. [2]

Information

Vitamin World USA Corp. operates between 50 and 60 stores (as of May 2023) in 17 states and in Puerto Rico, US Virgin Islands and Guam. The company employs 200+ associates, with the majority working in the stores.

Products are sold to 20 countries in North and South America, Europe, the Caribbean, Asia, Australia and New Zealand via the company website.

Vitamin World USA Corp is in good standing with the FDA, FTC, and other Regulatory bodies as of 5/2023, with no Warning Letters. Effective quality steps are taken when approving materials, suppliers and finished goods, and Vitamin World only partners with suppliers who follow current food safety rules. All labels are reviewed to ensure claims are properly supported by science.

Vitamin World retail offers 700+ SKUs of essential foundational and essential vitamins and minerals, supplements, botanical powders and extracts under its Private Label.

In 2021 the Ultra 360 Brand Multi Vitamin line was launched. The line contains options for men and women in various solutions to serve the needs of each.

In addition, sports, and active life products like protein powders, pre and post work out products and Amino Acid based products are sold under the company's Precision Engineered® brand.

Bankruptcy

On September 11, 2017, Vitamin World, Inc. filed for Chapter 11 bankruptcy. It emerged after reorganization that included the closing of many stores, change of upper management, and a re-focus on core products, customer satisfaction, and relationship with strategic supplier partners. [3]

In December, 2017 Vitamin World, Inc became a "C" class Corporation, "Vitamin World USA Corp."

In January 2018, Vitamin World was purchased by Feihe International Inc. through a Section 363 sale process. [4] Feihe International Inc. is the market-share leader in the manufacturing and distributing of infant formula in China.

In November 2023, Feihe International cut (let go) 20 or so staff (all Americans in management of the company) which leads the company without as many solid science, regulatory , business management leaders within the USA business space.

See also

Related Research Articles

<span class="mw-page-title-main">Dietary supplement</span> Product providing additional nutrients

A dietary supplement is a manufactured product intended to supplement a person's diet by taking a pill, capsule, tablet, powder, or liquid. A supplement can provide nutrients either extracted from food sources, or that are synthetic. The classes of nutrient compounds in supplements include vitamins, minerals, fiber, fatty acids, and amino acids. Dietary supplements can also contain substances that have not been confirmed as being essential to life, and so are not nutrients per se, but are marketed as having a beneficial biological effect, such as plant pigments or polyphenols. Animals can also be a source of supplement ingredients, such as collagen from chickens or fish for example. These are also sold individually and in combination, and may be combined with nutrient ingredients. The European Commission has also established harmonized rules to help insure that food supplements are safe and appropriately labeled.

<span class="mw-page-title-main">Nestlé</span> Swiss multinational food company

Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017. In 2023, the company was ranked 50th in the Forbes Global 2000.

<span class="mw-page-title-main">The Body Shop</span> International cosmetics, skin care company

The Body Shop International Limited, trading as the Body Shop, is a British cosmetics, skin care, and perfume company founded in 1976 by Anita Roddick. In 2017, it stated that its products were sold in about 3,000 stores, some company-owned and others franchised, in 66 countries.

<span class="mw-page-title-main">Nutritional yeast</span> Type of deactivated yeast

Nutritional yeast is a deactivated yeast, often a strain of Saccharomyces cerevisiae, that is sold commercially as a food product. It is sold in the form of yellow flakes, granules, or powder and can be found in the bulk aisle of most natural food stores. It is popular with vegans and vegetarians and may be used as an ingredient in recipes or as a condiment.

<span class="mw-page-title-main">Rexall</span> Chain of American drugstores

Rexall was a chain of American drugstores, and the name of their store-branded products. The stores, having roots in the federation of United Drug Stores starting in 1903, licensed the Rexall brand name to as many as 12,000 drug stores across the United States from 1920 to 1977. The "Rex" in the name was derived from the name of Ellen M. Regis—"Regis" being latin for "of the king"—who developed "Rexall remedies" and from whom the company purchased the mark.

<span class="mw-page-title-main">GNC (company)</span> U.S.-based health and wellness retailer

GNC Holdings, LLC is a retail company based in Pittsburgh, Pennsylvania. It specializes in health and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products.

Leiner Health Products was a company based in Carson, California, and was one of America's largest manufacturers of vitamins, minerals, herbal nutritional supplements, and generic medications. It was founded in 1973, and was owned by North Castle Partners, a private investment firm from Connecticut.

<span class="mw-page-title-main">Health food store</span>

A health food store is a type of grocery store that primarily sells health foods, organic foods, local produce, and often nutritional supplements. Health food stores typically offer a wider or more specialized selection of foods than conventional grocery stores for their customers, for example people with special dietary needs, such as people who are allergic to the gluten in wheat or some other substance, and for people who observe vegetarian, vegan, raw food, organic, or other alternative diets.

<span class="mw-page-title-main">Airborne (dietary supplement)</span>

Airborne is an American brand of dietary supplement containing herbal extracts, amino acids, antioxidants, electrolytes, vitamins, and other ingredients originally marketed as preventing the common cold and improving immune function.

MET-Rx is an American brand of nutritional supplements originally produced by Met-Rx, Inc., a California company started by Scott Connelly, and sold several times since.

<span class="mw-page-title-main">Juice Plus</span> Line of dietary supplements

Juice Plus is a branded line of dietary supplements. It is produced by Natural Alternatives International of San Marcos, California, for National Safety Associates. Introduced in 1993, the supplements are distributed by NSA via multi-level marketing. Juice Plus supplements contain fruit and vegetable juice extracts with added vitamins and nutrients.

<span class="mw-page-title-main">Grocery Outlet</span> American retail company

Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer deeply discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania and New Jersey.

Twinlab Consolidated Corporation is an American company which manufactures and markets vitamins, minerals, and bodybuilding supplements. Twinlab is based in Boca Raton, Florida.

<span class="mw-page-title-main">Vita Craft Corporation</span>

Vita Craft Corporation is a manufacturer of multi-ply stainless steel cookware and other cookware products. The cookware is manufactured and sold in the United States, but the majority of sales are from the Asian and European markets. Japan alone accounts for about 80% of Vita Craft's revenue. In Asia and Europe, Vita Craft is sold in department stores. In the United States, Vita Craft is sold door-to-door, at food-related events and conventions using a direct selling model. Imura International USA Inc. is the parent company of Vita.

The Bountiful Company is an American dietary supplements company. It is owned by Kohlberg Kravis Roberts, which sold most of the company's brands to Nestlé in 2021.

<span class="mw-page-title-main">China Nepstar</span> Chinese pharmacy brand chain

China Nepstar Chain Drugstore Ltd., which conducts business as China Nepstar, is China's largest retail drugstore chain, based on the number of directly operated stores. It is headquartered in Nanshan District, Shenzhen.

<span class="mw-page-title-main">The Vitamin Shoppe</span> American retail company

The Vitamin Shoppe is an American, New Jersey-based retailer of nutritional supplements. It also operated three stores in Canada under the name VitaPath from January 2013 until March 2016. The company provides approximately 7,000 different SKUs of supplements through its retail stores and over 17,000 different SKUs of supplements through its retail websites.

<span class="mw-page-title-main">Meal replacement</span> Food substitute with controlled quantities of calories and nutrients

A meal replacement is a drink, bar, soup, etc. intended as a substitute for a solid food, usually with controlled quantities of calories and nutrients. Some drinks come in powdered form or pre-mixed health shakes that can be cheaper than solid foods with identical health qualities. Medically prescribed meal replacement drinks include the body's necessary vitamins and minerals. Bodybuilders sometimes use meal replacements, not formulated for weight loss, to save food preparation time when eating 5-6 meals a day.

Scott Rudolph is currently the president of Piping Rock Health Products, a vitamin and health supplement company located in Ronkonkoma, New York, which Rudolph founded in May 2011. Prior to forming Piping Rock, Rudolph was the CEO and chairman of NBTY, Inc. Nature's Bounty, a manufacturer and marketer of nutritional supplements. Rudolph also founded of US Nutrition, Inc. a vitamin, mineral and nutritional supplement company which was purchased by NBTY in 1986.

<span class="mw-page-title-main">New Chapter</span>

New Chapter, Inc. is the American manufacturer of the New Chapter brand of vitamins and other organic dietary supplements. Based in Brattleboro, Vermont, the company is a Public Benefit Corporation (PBC) subsidiary of Procter & Gamble. The company's products include herbal supplements, probiotics, superfood greens and mushrooms.

References

  1. Vitamin World Company Information (Official corporate website)
  2. "Carlyle's NBTY to sell Vitamin World to Center Lane Partners". PE HUB. 2016-02-02. Retrieved 2016-03-26.
  3. "Vitamin World files for Chapter 11 bankruptcy". Newsday. 12 September 2017. Retrieved 7 March 2024.
  4. "China's Feihe International to buy Vitamin World: sources". reuters.com. 18 December 2017.