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Supplements retailer GNC seeks China partner to aid turnaround

from Reuters via Markets Insider

U.S. nutritional supplements retailer GNC Holdings is seeking a partner to boost sales in China as it battles weak revenues and a sliding share price, people with knowledge of the matter said. Loss-making GNC hopes a Chinese partner with distribution channels will lift its fortunes in the country, and has asked several companies to submit proposals, the sources told Reuters. more

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