iHerb Strengthens Growing Domestic Business with Acquisition of Vitacost From Kroger
Kroger sold Vitacost to iHerb to focus on store-based digital order fulfillment while iHerb expands its U.S. health product market and customer base.
5 Articles
5 Articles
Kroger sells Vitacost to sharpen focus on core business
CINCINNATI — The Kroger Co. has finalized the sale of its health and wellness e-commerce subsidiary, Vitacost.com, Inc., to iHerb, completing a transaction first announced earlier this week. The deal closed on Jan. 8; financial terms were not disclosed.Kroger stated that the divestiture is part of a broader review of non-core assets as the company progresses with priorities, including streamlining its organization, enhancing the customer experie…
iHerb acquires Vitacost to accelerate U.S. market presence
iHerb Holdings, LLC has acquired Vitacost.com from The Kroger Co. to enhance its presence in the U.S. market. This acquisition expands iHerb's scale, strengthens brand relationships and adds Vitacost's U.S. customer base, positioning the combined entity as a leading online destination for health and wellness products. iHerb reported over $2.4 billion in net sales for 2024, with a growth of 14.5% year-over-year, while Vitacost offers a vast select
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
