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

Goodfood Market Corp > Loblaws

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Comment by Analystikaon Jun 16, 2020 12:03am

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Post# 31154238

RE:RE:RE:RE:Loblaws

The food kit delivery business is a disrupter to the traditional grocery store business. Food kit delivery is a different experience vs simply buying pre made meals at a grocery store. Every dollar spent on food kits is a dollar lost at the grocery store. I can see grocery chains buying food kit delivery companies as a way to maintain and grow their market share. If Loblaws owned Good Food, they'd have the market wrapped up pretty nicely.

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