Products Not Showing

I am running Wordpress 3.3.1 and the Goodnews theme version 2.4.1: http://themeforest.net/item/goodnews-premium-wordpress-newsmagazine/1150692. Whenever I create a product, all that is showing up on the product page is the content entered in the post content field (no option to buy or anything else).

The products do not show up in the store page or in the product category pages neither. The product categories do show up in the store.

I have attached a screen shot of the store and of the product page for a test product. Please let me know if you guys have any insight.

Thank you