In June 2020, GNC filed for Chapter 11 bankruptcy protection and indicated plans to close at least 800 stores. Effective on June 30, 2020, the stock was delisted from the New York Stock Exchange and shifted to the OTC Markets Group. In September 2020, the bankruptcy court in Delaware approved the sale of GNC for $770 million to Harbin Pharmaceutical Group. The company emerged from the Chapter 11 process under the new ownership of Harbin Pharmaceutical Group in October 2020. In 2021, GNC revealed that Josh Burris will take over as CEO and Cam Lawrence as CFO. In 2021, GNC announced a partnership with Walmart for a selection of GNC specific products. Retail and online stores GNC stores typically stock a wide range of weight loss, bodybuilding, nutritional supplements, vitamins, natural remedies, and health and beauty products, in both its owned brands as well as third-party brands. Its products are also sold on GNC.com and, as of January 2017, on GNC's Amazon Marketplace. On December 31, 2018, GNC had approximately 8,400 locations, of which approximately 6,200 were in the United States (including approximately 2,200 Rite Aid licensed store-within-a-store locations), as well as franchise operations in approximately 50 countries. Of GNC's approximately 4,100 U.S. locations in 2019, 61% were in strip malls and 28% were in larger malls. National & International Stores The company offers consumer products and services via retail locations, like their own stores, franchises, online, digital commerce and wholesales and retail partnerships.[35] They have over 17,500 employees working in their stores and sell lots of different things from over 325 brands, with more than 7,500 things available in their stores and on their website.[36] With more than 4,000 stores all over America [37] and in other countries, GNC has become a popular destination for people looking to improve their health through supplements and other nutritional products. While GNC may offer a wide range of products that can be beneficial for some people, the company has been accused of selling products containing harmful compounds. Also, the supplement industry is largely unregulated, which means that the claims made by companies like GNC may not be backed up by solid scientific evidence. Operating in the health and wellness industry, GNC brand has over 2,000 international operations. GNC4U offers a program that allows customers to receive a monthly supply of personalized vitamins and supplements. Franchising In 1988, GNC began offering franchising opportunities.[40]