Bankrupt GNC Plans to Close Another 58 North American Stores

Bankrupt health product retailer GNC Holdings Inc. plans to close and hold going-out-of-business sales for 58 additional stores, just weeks after getting permission to close hundreds of locations in the U.S. and Canada.

GNC’s notice of the intended closures, filed Wednesday in the U.S. Bankruptcy Court for the District of Delaware, invokes the court’s June 25 order authorizing the company to shutter and liquidate its stores. The order allows GNC to name further stores for closing in addition to those initially listed.

GNC filed Chapter 11 June 23, planning to auction its business and naming China-based Harbin Pharmaceutical Group Holding ...