Else Nutrition Expands Retail Presence in the United States with Major Midwest Retail Chain
March 12 2024 - 7:30AM
ELSE NUTRITION HOLDINGS INC.
(BABY)
(BABYF)
(0YL.F) ("Else" or the
"Company"), is proud to announce its full product
line will be available in 259 stores throughout six states via a
major Midwest retail chain. This strategic move marks a significant
milestone for Else Nutrition, as it expands its penetration in the
United States and demonstrates the Company’s traction across the
nation.
Ranked by Forbes as the 14th-largest private
company in the United States, the retailer has extensive reach and
a strong reputation, making it a key partner for Else Nutrition.
This retail chain is renowned for its commitment to providing
fresh, high-quality food and exceptional value, serving as a
cornerstone of the region's retail landscape, offering a wide range
of products under one roof, including groceries, department store
goods, fuel, and convenience items.
"This partnership with represents a significant
step forward for Else Nutrition as we continue to grow our presence
in the United States," said Hamutal Yitzhak, Co-founder and CEO of
Else Nutrition. "This development not only expands our reach to
millions of potential consumers in the region, but also solidifies
our credibility through one of the Midwest's largest and most
respected retailers. We expect first shipments to arrive in early
April with placement on shelves beginning at the end of April and
we look forward to working closely with this retailer for years to
come.”
The Else products to be available on shelf
include:
- Else Toddler Organic Complete
Nutrition formula
- Else Toddler Omega Complete &
Balanced Nutrition formula
- Else Kids Chocolate and Vanilla
Plant-Powered Nutritional Shakes
- Else Kids Chocolate and Vanilla
Plant-Powered Ready-to-Drink Shakes
To delve deeper into Else Nutrition's offerings
and its revolutionary approach to kids' nutrition, visit
www.elsenutrition.com
About Else Nutrition Holdings
Inc.
Else Nutrition Holdings Inc. (TSX: BABY, OTCQX:
BABYF, FSE: 0YL) is a food and nutrition company in the
international expansion stage focused on developing innovative,
clean, and plant-based food and nutrition products for infants,
toddlers, children, and adults. Its revolutionary, plant-based,
non-soy formula is a clean-ingredient alternative to dairy-based
formulas. Since launching its Plant-Based Complete Nutrition for
Toddlers, made of whole foods, almonds, buckwheat, and tapioca, the
brand has received thousands of powerful testimonials and reviews
from parents, gained national retailer support, and achieved rapid
sales growth.
Awards and Recognition:
-
"2017 Best Health and Diet Solutions" award at Milan's Global Food
Innovation Summit
-
#1 Best Seller on Amazon in the Fall of 2020 in the New Baby &
Toddler Formula Category
-
“Best Dairy Alternative” Award 2021 at World Plant-Based Expo
-
Nexty Award Finalist at Expo West 2022 in the Plant-Based lifestyle
category
-
During September 2022, Else Super Cereal reached the #1 Best Seller
in Baby Cereal across all brands on Amazon
Investor Relations Contact:
Alexandra SchiltCrescendo
Communications, LLCOffice: (212)
671-1020Email: baby@crescendo-ir.comTSX
Neither the TSX nor its regulation services
provider (as that term is defined in the policies of the TSX)
accept responsibility for the adequacy or accuracy of this
release.
Caution Regarding Forward-Looking
Statements
This press release contains statements that may
constitute "forward-looking statements" within the meaning of
applicable securities legislation. Forward-looking statements are
typically identified by words such as "will" or similar
expressions. Forward-looking statements in this press release
include statements with respect to the anticipated dates for filing
the company's financial disclosure documents. Such forward-looking
statements reflect current estimates, beliefs, and assumptions,
which are based on management's perception of current conditions
and expected future developments, as well as other factors
management believes are appropriate in the circumstances. No
assurance can be given that the foregoing will prove to be correct.
Forward-looking statements made in this press release assume, among
others, the expectation that there will be no interruptions or
supply chain failures as a result of COVID-19 and that the
manufacturing, broker, and supply logistic agreement with the
company does not terminate. Actual results may differ from the
estimates, beliefs, and assumptions expressed or implied in the
forward-looking statements. Readers are cautioned not to place
undue reliance on any forward-looking statements, which reflect
management's expectations only as of the date of this press
release. The company disclaims any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as required by
law.
A photo accompanying this announcement is available
at
https://www.globenewswire.com/NewsRoom/AttachmentNg/56485457-fb98-47f9-b1bb-f6c072730620.
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