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Goodfood Market Corp T.FOOD

Alternate Symbol(s):  GDDFF | T.FOOD.DB | T.FOOD.DB.A

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer infrastructure and technology. It is also focused on connecting its partner farms and suppliers to its customers’ kitchens. The Company's main production facility and administrative offices are based in Montreal, Quebec, with additional locations in the provinces of Ontario and Alberta. It is also engaged in providing premium tea varieties, which is available through Goodfood's meal kit subscriptions.


TSX:FOOD - Post by User

Post by GoodLuck14on Mar 11, 2020 10:29am
124 Views
Post# 30792916

THE LAUNCH OF VANCOUVER FULFILLMENT CENTER

THE LAUNCH OF VANCOUVER FULFILLMENT CENTER
GOODFOOD ANNOUNCES THE LAUNCH OF VANCOUVER FULFILLMENT CENTER

MONTREAL, March 11, 2020 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD), a leading online grocery company in Canada, announced today the official opening of its Vancouver fulfillment center, further expanding its countrywide operating footprint. Production at the facility was launched last week with the first boxes already delivered to subscribers’ homes. The manufacturing and distribution capabilities of the facility will continue to ramp up over the coming weeks.

“We continue to put our customers at the center of everything we do, and the opening of our Vancouver facility will go a long way in being closer to our members and ensuring added flexibility and quality to the service we offer,” said Jonathan Ferrari, Chief Executive Officer of Goodfood. “British Columbia and Western Canada have been very important growth vectors for Goodfood. We continue to see strong uptake in the region, and, along with our partnership with the Vancouver Canucks, this is an important step in cementing our foothold as a leader in online grocery and home meal solutions in the community. Our presence in the Greater Vancouver will also contribute to a reduction in our environmental footprint and to an improvement in gross margin when the facility is fully ramped up,” concluded Mr. Ferrari.


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