CVS pharmacy distribution is the first major US drugstore chain and largest national customer for Else Nutrition
VANCOUVER, British Columbia, Sept. 7, 2022 (GLOBE NEWSWIRE) — OTHERWISE NUTRITION BUSINESSES INC. (BABY) (BABYF) (0YL.F) (“Otherwise” or Company”), announces it has begun rolling out to its first major US drugstore chain, through a partnership with CVS Pharmacy.
Else’s plant-based toddler foods will be available for sale in more than 1,000 CVS Pharmacy HealthHUB locations in 35 US states. Already on the shelves in many of the CVS pharmacy stores listed for distribution, this represents a growth opportunity for Else Nutrition in key markets, as well as access to millions of new households through CVS locations.
“Being available for purchase in CVS is a strategic milestone for Else in the North American market,” said Hamutal Yitzhak, CEO and co-founder of Else Nutrition. “Adding another 1,000 doors will materially increase our footprint in the US market, and we expect CVS’s added credibility and customer reach will amplify the growth impact of these new doors,” she continued.
“The placement at HealthHUB locations is in line with our strategy to provide toddlers and children with the healthiest nutrition possible. This distribution will help introduce Else to new health-conscious consumers as the first choice for minimally processed whole plant food for toddlers,” added Hamutal Yitzhak.
For more information, visit: www.elsenutrition.com or @elsenutrition on Facebook and Instagram.
About Else Nutrition Holdings Inc.
Else Nutrition Holdings Inc. is a food and nutrition company in the international expansion phase, focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children and adults. The revolutionary, plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the “Best Health and Diet Solutions 2017” award at the Global Food Innovation Summit in Milan. The holding company, Else Nutrition Holdings Inc., is a publicly traded company listed on the TSX Venture Exchange under the trading symbol BABY and listed on the US OTC Markets QX board under the trading symbol BABYF and the Frankfurt Exchange under the symbol 0YL. Since the launch of the Plant-Based Whole Foods for Toddlers, made from whole foods, almonds, buckwheat and tapioca, the brand has received thousands of powerful parental testimonials and reviews and the support of national retailers from Sprouts Farmers Market, achieving rapid sales growth . Else became the number 1 bestseller on Amazon in the fall of 2020 in the category of new baby and toddler formulas. It recently won the 2021 ‘Best Dairy Alternative’ Award at World Plant-Based Expo and was a Nexty Award Finalist at Expo West 2022 in the Plant-Based lifestyle category.
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Mr Ben Shamsian
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This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are generally identified by words such as “will” or similar expressions. Forward-looking statements in this press release include statements regarding the expected dates for the filing of the company’s financial disclosure documents. Such an future-oriented pronunciations to reflect current estimates, beliefs, and assumptions, that to be based On ‘management’ perception from current condition and expected future developments, as good as other factors that management deems appropriate in the circumstances. No guarantee can be given that the foregoing will prove to be correct. Forward-looking statements in this press release include the expectation that there will be no interruptions or disruptions in the supply chain as a result of COVID 19 and That the production, estate agent, and delivery logistics agreement with the company does not end. Actual results may differ from the estimates, beliefs and assumptions expressed or implied in forward-looking statements. Readers are cautioned not to place undue reliance on 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.
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