Zoglo’s Incredible Food Corp (CSE: ZOG) this morning had a major development in terms of its distribution within Canada. The plant-based food firm this morning has seen the expansion of its retail distribution to include select Walmart locations throughout the country.
One of the largest retailers in the country, Walmart, via Walmart Canada, serves over 2.4 million Canadians on a daily basis. The company currently has 343 Supercentres throughout the nation, as well as 65 discount stores, for a total of 408 retail locations. The company did not indicate just how many of those locations it would be in, however the distribution is believed to be throughout the country.
Improved distribution has been a focal point for Zoglo’s, whom is set to launch its new Incredible line of products across the country in September. The company recently entered into two new partnerships to enhance its distribution, while also announcing an arrangement for its new products to be sold in 130 Metro locations across Ontario.
“We are very excited to bring Zoglo’s innovative and flavourful products to Walmart customers across Canada with the purpose of eating healthier and living better. It is rewarding to see our products continually being validated and recognized as premier plant-based food offerings for the Canadian market.”
Anthony Morello, CEO
Zoglo’s Incredible last traded at $0.38 on the CSE.
Sponsored · Selkirk Copper Mines
FULL DISCLOSURE: Zoglo’s Incredible Food Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Zoglo’s Incredible Food Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
