Vitamin World
 | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Headquarters | Great River, New York, United States |
Number of locations | over 60 locations (July 2020) |
| Products | Nutritional Supplements |
| Owner | Feihe International, Inc. |
| Website | www |
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.
Background information
Vitamin World was founded in 1977 by Arthur Rudolph and is headquartered in Great River, New York.[1] Vitamin World was a subsidiary of NBTY Inc. NBTY manufactured and sold products under the "Vitamin World" label and currently does so under the "Holland and Barrett" and "Puritan's Pride" labels.[2] Under NBTY, Vitamin World had retail stores in North America, Holland and Barrett currently has retail stores in the United Kingdom,[3] and Puritan's Pride is an online / catalog phone ordering division.[4] The companies sell similar products, but each caters to different customers.
Vitamin World sells many of its own supplements under the "Vitamin World", "Herbal Authority", and "Precision Engineered" brands. General vitamins and minerals are sold under the "Vitamin World" brand. Natural beauty products are sold under the "V Therapy" brand and sports nutrition products are sold under the "Precision Engineered" brand. Vitamin World sells products from third party vendors, the majority of which are sports nutrition products.
Vitamin World was acquired by private equity firm Center Lane Partners in 2016.[5]
In January 2018, Vitamin World was purchased by Feihe International Inc. through a Section 363 sale process.[6] Feihe International Inc. is the market-share leader in the manufacturing and distributing of infant formula in China.
Reception
Vitamin World's Ultra Man Daily multivitamin was tested by ConsumerLab.com in its Multivitamin and Multimineral Supplements Review of 38 of the leading multivitamin/multimineral products sold in the U.S. and Canada. This multivitamin passed ConsumerLab's test,[7] which included testing of selected index elements, their ability to disintegrate in solution per United States Pharmacopeia guidelines, lead contamination threshold set in California Proposition 65, and meeting U.S. Food and Drug Administration (FDA) labeling requirements.[8]
In November 2018 Vitamin World announced a new joint antioxidant research initiative with Beth Israel Deaconess Medical Center (BIDMC), a teaching hospital affiliated with Harvard Medical School.[9]
Bankruptcy
On September 11, 2017, Vitamin World, Inc. filed for Chapter 11 bankruptcy which included plans to close at least 51 of its 334 remaining stores nationwide. [10]
In January 2018, Vitamin World was sold to Feihe International, Inc. for US$28 million. [11] Feihe International Inc. is the market-share leader in the manufacturing and distributing of infant formula in China.
See also
References
- ^ Vitamin World Company Information (Official corporate website)
- ^ NBTY Homepage (Official Corporate Website)
- ^ Holland And Barrett Company Information (Official corporate website)
- ^ Puritan's Pride Company Information (Official Corporate Website)
- ^ "Carlyle's NBTY to sell Vitamin World to Center Lane Partners". PE HUB. 2016-02-02. Retrieved 2016-03-26.
- ^ "China's Feihe International to buy Vitamin World: sources". reuters.com. 18 December 2017.
- ^ "ConsumerLab Multivitamin and Multimineral Supplements Review - Main Review". 15 June 2011. Retrieved 18 August 2011.(subscription required)
- ^ "ConsumerLab Multivitamin and Multimineral Supplements Review - Testing Method". 15 June 2011. Retrieved 18 August 2011.
- ^ "Vitamin World Funds New Antioxidant Research (Press release)". PRNewswire. Nov 20, 2018. Retrieved 2019-10-26.
- ^ "Vitamin World files for Chapter 11 bankruptcy". newsday.com. 12 September 2017. Retrieved 3 January 2018.
- ^ "China's Feihe International to buy Vitamin World: sources". reuters.com. 18 December 2017.
External links
- Nutritional supplement companies of the United States
- Health food stores
- Food retailers of the United States
- American companies established in 1960
- Retail companies established in 1960
- 1960 establishments in New York (state)
- Companies that filed for Chapter 11 bankruptcy in 2017
- Companies based in Suffolk County, New York
- American subsidiaries of foreign companies
- 2018 mergers and acquisitions