Guardian plans to invest 25 crores to open another 50 stores in Western India. Guardian Lifecare plans to open another 150 new stores across India by March 2009. The company will also double its employee strength to 1200 by next year.
Mumbai, Maharashtra, India, June 11, 2008 (PRESSbooth.ORG) -- Poised to leverage from the booming Indian fitness market, Guardian Lifecare -- North India's largest retail chain of health and beauty stores rcently made foray into Western India with the opening of two new GNC stores. GNC is America's largest selling nutraceutical and sports nutrition company and with the pharmacy retail moving from "sick care" to "preventive health care", the Guardian Lifecare aims at capturing a significant share of the Nutrition Products market in India through its GNC stores.
Speaking on the occasion, Mr. Ashutosh Garg, Chairman and MD, GNC India & Guardian Lifecare said, "We already have a significant number of Indian buyers buying products through GNC website. Encouraged by the healthy response we received at our first exclusive store in New Delhi, the next destination had to be other metros like Mumbai. We hope to serve the fitness enthusiasts in Mumbai with our comprehensive range of health, nutrition and beauty products" He further added, "Major expansion plans are on the anvil, with an investment plan of over Rs 100 crore, out of which, 25 crores will be invested for opening another 50 stores in Western India. By the end of March 2009, we would have also added another 150 stores across India; presently we are growing at the rate of almost two new stores every week. Our employee strength too shall double in a year's time".
In India, GNC products are available as an implant GNC store within 17 Guardian stores and are distributed at another 50 Guardian Pharmacy stores. The company launched first exclusive GNC store in New Delhi last year and the excellent response encouraged GNC to launch more stores in India, starting with metros. Also, there are several new initiatives on the anvil to make GNC range available with select health care and nutrition chains across India. Guardian Lifecare has launched two new exclusive GNC stores at Linking Road, Bandra and Hiranandani Gardens, Powai.
Guardian is a leading healthcare and wellness chain with 106 stores in 6 states and 13 cities. Guardian is also the master franchisee of GNC, the world's largest nutritional supplements company from USA and has an excellent range of private label products in the feminine hygiene and baby care segment.
About GNC Inc.:
GNC, headquartered in Pittsburgh, Pa., is the largest global specialty retailer of nutritional products; including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. GNC has more than 4,900 retail locations throughout the United States (including 978 franchise and 1,358 Rite Aid store-within-a-store locations) and franchise operations in 49 international markets.
The company -- which is dedicated to helping consumers Live Well -- also offers products and product information online at
http://www.gnc.com/.
GNC Range of Products:
GNC offers an exhaustive range of products that includes Vitamins and mineral supplements, sports nutrition and protein supplements, Diet &energy products along with their revolutionary range of health and beauty products. Embracing the nutrition products, GNC has a customized range of products for men and women health like GNC Men's mega men 50 and GNC Women's Wellness Program.
About Guardian Lifecare Pvt. Ltd.:
Guardian Lifecare is North India's largest chain of Health, Wellness and Beauty stores. The company has four store formats: high street stores, mall stores, neighbourhood stores and hospital stores. Built on a strong platform of reliability and service to the consumer, the company has 106 stores in 13 cities and is expanding the chain into a strong national presence. Guardian is the master franchisee of GNC Inc in India, the world's largest nutraceutical and sports nutrition Company.
Contact:
Integral PR, Mumbai
Smita Pillai / Neha Shah
9821929066 / 9867097011
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