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Vitamin Shoppe Opens First International Franchise

Leading U.S.-based vitamin and supplements distributor Vitamin Shoppe (NYSE: VSI  ) has gone global. It opened its first international franchise on March 4 in Panama City, Panama, it announced Monday.

The franchise will be operated by Reprico, a Panamanian distributor of pharmaceutical products and hospital products that has pursued health and wellness in the country since its founding in 1948.

As a specialty retailer of nutritional products ranging from vitamins and sports supplements to herbal remedies, beauty aids, and more, the Panamanian Vitamin Shoppe franchise will feature more than 800 products from more than 70 brands, including Vitamin Shoppe's own proprietary brand of products.

Reprico's director of retail stores, Marta Ferrer, said, "Our grandparents were pioneers in Pharmacy in Panama. We are excited to open a store that can help people feel better and live healthier with the best quality products."

The Vitamin Shoppe has more than 600 retail locations across the United States and reported net sales of almost $951 million in 2012.


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Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.


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11/25/2015 1:35 PM
VSI $31.19 Up +0.84 +2.77%
Vitamin Shoppe CAPS Rating: ***