X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

One of the last things we expected to hear in this economy is a retailer IPO. But Vitamin Shoppe, which operates 425 units with plans to more than double that number, seeks to raise $143.8 million.The retailer, mostly owned by private-equity firm Irving Place Capital Management, did not provide a timeline for the measure. The Reuters article says that this is happening as private-equity firms are looking to unload the many companies they purchased a few years back.GNC, the largest specialty player in the vitamin space with over 5,000 locations worldwide, had a good first quarter in the recession, with same-store sales increasing 5.4%. That retailer is also privately held.So is it a good time to go public? Are vitamin chains somehow immune to a recession? Or is this more about a private-equity firm looking at its options?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.