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Vitamin World to file for bankruptcy protection

Published Wed, Sep 6, 2017 · 09:50 PM
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New York

VITAMIN World, a seller of vitamins and nutritional supplements, plans to file for Chapter 11 bankruptcy, hoping to end costly lease agreements for some of its stores, the company's chief executive officer said on Tuesday.

Long Island, New York-based Vitamin World plans to file bankruptcy in order to exit real estate leases that were negotiated by its previous owners, CEO Michael Madden said in a statement.

The vitamin seller, which has about 345 stores, plans to file bankruptcy as soon as this month, people familiar with the plans said…

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