- Eat Well Investment Group adds Walmart to its growing list of big-box retailers it distributes its products to
- This partnership opens the company to over 400 Walmart locations in Canada, and Walmart’s fast-growing e-commerce platform
- The growing global demand for consumers seeking nutritious plant-based foods has been integral to Eat Well Group’s growth
- The company plans to tap into this demand and leverage on its investments to grow its market presence and become a leader in the plant-based segment
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF), through its majority-owned portfolio company, Amara Organic Foods, partnered with Walmart to distribute its growing line of products across Walmart Canada sores, as well as Walmart’s growing e-commerce platform, Walmart.com.
This partnership opens Eat Well Investment Group to over 400 Walmart locations in Canada and one of the fastest-growing e-commerce platforms globally. Additionally, it further strengthens Amara’s retail footprint, having recently signed an agreement to stock its products in Loblaws stores across Canada. This also adds to the list of big-box retailers Amara distributes its products to, including Sprouts Farmer’s Market, Whole Foods, and more (https://nnw.fm/BfSaK).
“We’re thrilled to partner with Walmart in stores and online to continue to deliver highest quality products for everyone,” noted Jessica Sturzenegger, the founder and Chief Executive Officer (“CEO”) of Amara.
Eat Well Investment Group has witnessed a strong demand for its products, mainly driven by the global trend of consumers seeking nutritious plant-based foods to complement their everyday lifestyles. The company has also seen a strong demand in both natural and conventional channels of delivering its products to consumers, hence its focus on developing a blend of natural and traditional big-box retailers. Its ultimate goal is to become a household brand for every family in North America.
“We are very pleased to see the accelerated distribution of our leading consumer brand portfolio company, Amara, to one of the largest online marketplaces for consumers in the world, in addition to Walmart brick and mortar locations across Canada,” noted Marc Aneed, the Director and CEO of Eat Well Group.
Amara is currently the fastest-growing baby food brand manufacturer in the United States. It seeks to tap into this market, estimated to reach over $109 billion globally by 2027. With investments in sector-leading plant-based foods companies, Eat Well Group aims to become a leader in the plant-based segment.
For more information, visit the company’s website at www.EatWellGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://nnw.fm/EWGFF
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