Franchise Group Inc. ‘s (NASDAQ: FRG) subsidiary, The Vitamin Shoppe, has expanded into South Korea with the launch of www. vitaminshoppe. kr, a proprietary and operated e-commerce business.
South Korean consumers can deliver The Vitamin Shoppe’s fitness and wellness products directly from the U. S. With door-to-door delivery in an average of 3 days anywhere in South Korea.
In addition, The Vitamin Shoppe has also introduced branded virtual storefronts in 20 South Korean markets.
“South Korea is one of the largest e-commerce markets in the world serving a digitally knowledged population, which is perfectly aligned with our launch strategy,” said Sharon Leite, executive director of The Vitamin Shoppe.
About three hundred fitness and wellness products will be obtained in South Korea from this portfolio of brands.
Offerings come with vitamins, minerals, specialty supplements, protein and sports nutrition, herbs and herbal remedies, probiotics and healthy weight management products.
Price action: FRG shares are trading lower 0. 68% at $33. 73 at least on Monday.
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