Franchise Group
Franchise Group, Inc., established in 2010 and headquartered in Virginia Beach, Virginia, is a diversified company operating as a retailer, franchisor, and acquirer of franchised and franchisable businesses. It operates through four segments: Liberty Tax, Buddy's, Sears Outlet, and Vitamin Shoppe. The company provides tax preparation services, franchises and operates rent-to-own stores, and retails a variety of products including home appliances, furniture, and health and wellness products. It also operates as a retailer offering discounted merchandise. Franchise Group aims to grow its portfolio of brands and generate strong cash flow for shareholders by utilizing its operating and capital allocation philosophy.
The Vitamin Shoppe
Acquisition in 2019
The Vitamin Shoppe, Inc. is a specialty retailer and contract manufacturer of nutritional products, operating primarily in the United States and expanding internationally. Founded in 1977 and headquartered in Secaucus, New Jersey, the company operates through two main segments: Retail and Manufacturing. It offers a wide range of products, including vitamins, minerals, herbs, specialty supplements, and sports nutrition items, featuring both its own brands, such as The Vitamin Shoppe and BodyTech, and numerous national brands. The company operates approximately 750 retail stores under the Vitamin Shoppe and Super Supplements banners and also provides online sales through its website. In addition to retail, Vitamin Shoppe offers custom manufacturing and private labeling services for nutritional products, ensuring a comprehensive approach to health and wellness solutions.
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