Pharma & Biotech
Pharma & Biotech
08:29 Mon 31 Jan 2022
Else Nutrition Holdings is seeing its sales momentum accelerate with its plant-based toddler foods
The company said Kroger saw its e-commerce sales jump by 79% to US$11.2 billion in 2020
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) has announced that its plant-based, complete nutrition products for toddlers and children are now available on Kroger.com.
The company said Kroger saw its e-commerce sales jump by 79% to US$11.2 billion in 2020, according to eMarketer.
“Being available through Kroger’s large on-line presence as a grocery leader, marks a great growth milestone for the company,” Else Nutrition Holdings CEO Hamutal Yitzhak said in a statement.
“Kroger is a leader in grocery, and we’re thrilled that millions of people seeking healthy, clean nutrition for their families, can now access Else on this platform,” Yitzhak added.
Else Nutrition noted that its products are also available for sale on Kroger-owned Vitacost.com, which sells healthy/organic foods.
Kroger is one of the world’s largest retailers, with nearly 2,800 stores in 35 states under two dozen banners and annual sales of more than US$132.5 billion, according to the company.
Else Nutrition is an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults. The company’s plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formula.
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The above has been published by Proactive Investors Limited (the “Company”) on its website and is made available subject to the terms and conditions of use of its website (see T&C ). …
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY). CEO Hamutal Yitzhak joined Proactive to discuss the producer of plant-based baby, toddler and children's food products capital raise of $17.3M. Yitzhak says it is hoping to use the net proceeds obtained from the offerings towards…
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