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Franchise Group Inc. acquired the wellness retailer in 2019.
November 4, 2024
By: Christine Esposito
Editor-in-Chief
Franchise Group, Inc. (FRG)—parent to wellness purveyor The Vitamin Shoppe and other specialty retailers—filed for Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. The company announced it has entered into a restructuring support agreement (RSA) with holders of approximately 80% of its first lien debt on a “comprehensive solution” to strengthen FRG’s capital structure and best position its lead brand, which include The Vitamin Shoppe, Pet Supplies Plu...
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