Secaucus, N.J. — The Vitamin Shoppe®, a multi-channel specialty retailer and manufacturer of nutritional products, opened its first three franchise stores in Costa Rica on August 31, 2016, and two additional franchise stores recently opened in Panama.
The franchise stores in Costa Rica will be operated by Vita Vida Limitada, an affiliate of The Vitamin Shoppe’s franchise partner in Panama. The three new stores are in San Jose, the country’s capital and largest city. The franchisee is expected to open eight Vitamin Shoppe stores over the next 5 years in Costa Rica.
“The Vitamin Shoppe brand continues to resonate with customers outside the United States, and we are pleased to be opening stores in a second new country this year,” says David Denker, director, international development for the Vitamin Shoppe.
In additional news, two new franchise stores opened in Panama, bringing the total Vitamin Shoppe stores operating in that country to four standalone locations and two store-within-store locations. The two new stores opened in the cities of Panama City and David. The first The Vitamin Shoppe store in Panama opened in March 2013.
“We are very excited to be partnering again with The Vitamin Shoppe, a leading health and wellness retailer with over 750 stores in the United States,” says Marta Ferrer, general manager of Vita Vida. “Costa Rica is the second country in which we are bringing nutritional products. Consumers love The Vitamin Shoppe brand and we continue to open new stores in Panama.”
The Vitamin Shoppe conducts business through more than 750 company-operated retail stores under The Vitamin Shoppe and Super Supplements retail banners. For more information, visit www.vitaminshoppe.com.
SOURCE: The Vitamin Shoppe