NEW YORK (

TheStreet

) --

GNC

(GNC) - Get GNC Holdings, Inc. Class A Report

jumped 3.4% in its first day of trading on Friday after it priced its initial public offering in-line with expectations.

The retailer, which sells wellness and nutrition products at 7,200 stores and online, sold 22.5 million shares at $16 each, for a deal valued at $360 million.

In 2010, GNC earned $97 million on revenue of $1.82 billion.

GNC competes directly with publicly traded

Vitamin Shoppe

(VSI) - Get Vitamin Shoppe, Inc. Report

, which completed its IPO in October 2009.

Already this year the retail sector has seen IPOs from designer

Vera Bradley

(VRA) - Get Vera Bradley, Inc. Report

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and men's apparel maker,

Zuoan Fashion

(ZA)

.

Toys 'R' Us

is expected to issue its own public offering, which could be worth up to $800 million, this year.

--Written by Jeanine Poggi in New York.

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