FRG - The Vitamin Shoppe announces first-ever franchise agreement

The Vitamin Shoppe, a subsidiary of specialty retailer and wellness lifestyle company Franchise Group (FRG), has signed its first-ever franchise agreement for the operation of independently owned stores.As part of the multi-unit agreement, three franchise stores will open in the Texas communities of East Austin, New Braunfels and Harlingen within nine months. Joey and Marcy Zayas will serve as franchisees under the agreement.The Vitamin Shoppe operates over 680 directly-owned locations, as well as an e-commerce business.FRG shares up 1.13% pre-market

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The Vitamin Shoppe announces first-ever franchise agreement