Wednesday, June 24, 2020

Notes From All Over -- The "GNC Files" Edition -- June 24, 2020

Mall-ware: GNC files for bankruptcy. Plans to close 1,200 stores. $1 billion in debt. I could be wrong, but it seems GNC is a mall-based store. This is a proxy for malls. GNC is the tip of the iceberg.

Moldy: Chuck E. Cheese files for bankruptcy.


  1. I’ll double check, but I recall a hedge fund being involved with GNC since 2008 also, which never helps in a liquidity crisis.

  2. Replies
    1. Thank you. I vaguely remember that -- or maybe I just think I do.

      Sorry for the delay getting back to you. I was out driving with our older granddaughter in anticipation of her driver's license test.