Back to News
Retail news

Senator wants review of Chinese company bid for GNC

Sen. Marco Rubio (R-FL) has asked the Committee on Foreign Investment in the U.S. to review a bid by Harbin Pharmaceutical of China to acquire the bankrupt GNC chain. The senator expressed concerns about illegal access to the personal records of Americans who are customers at GNC. The retailer issued a statement in response. “Our consumer data is safeguarded by rigorous standards and none of it is accessible to any foreign nationals.”

The RetailWire Daily

A daily briefing with the retail news, expert perspective, and business context to bring into your next meeting.

Want to know more? Learn more

Discussion Thread0