Supplement Retailers See Opportunity
Business Wars Daily
Wondery
4.6 • 716 Ratings
🗓️ 6 May 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Monday, May 6, and we're looking at GNC vs. Vitamin Shoppe.
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Transcript
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| 0:08.5 | How do I cope with waiting for results? |
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| 1:03.1 | Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this May 6th. |
| 1:06.8 | Happy Monday, everyone. |
| 1:08.2 | Unless you've been on an extreme media fast, you know that injectable |
| 1:12.0 | weight loss and diabetes drugs like OZempic and Wigovi, called GLP-L-P-1s, have really taken |
| 1:18.9 | off. Research by Goldman Sachs estimates that within the next four years, as many as 70 million |
| 1:23.9 | people may be on these drugs. The research also finds that drugs like these will play a |
| 1:28.9 | role in boosting the nation's overall gross domestic product GDP. But GLP-1s may also have |
| 1:35.7 | significant side effects for some folks, ranging from nausea and other gastrointestinal issues |
| 1:41.1 | to loss of muscle mass and bone density. As many as half of patients discontinued the drugs in the first year because of side effects, according to research by Evercore ISI. Well, now two leading supplement retailers are seeking to capitalize on helping patients address these side effects. Supplement shop GNC is seeking to expand its weight management category by targeting people |
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