Innovative Food Holdings Announces Exciting New Retail Partnership
Innovative Food Holdings, Inc. (OTCQB: IVFH) has made an important announcement regarding a new partnership with a prominent retail store in the U.S. This collaboration opens up fresh opportunities for IVFH, a company known for supplying gourmet specialty foods to professional chefs. After a successful pilot program in 10 locations, the gourmet cheese assortment will soon be available in hundreds of the retailer's stores.
Partnership Details
The Company will begin sourcing, supplying, cutting, wrapping, packaging, and shipping a variety of gourmet cheeses, with initial shipments expected to commence soon. It is anticipated that distribution will significantly increase by the holiday season, which is likely to have a positive impact on the Company's financial performance in the fourth quarter.
Impact on Innovative Food Holdings
Bill Bennett, the Chief Executive Officer of Innovative Food Holdings, shared his excitement about this new customer relationship. He noted that this partnership represents IVFH's first foray into the retail sector, highlighting the adaptability and strength of the operational platform the Company has developed. This collaboration is expected to provide a substantial boost to revenue and diversify the customer base, allowing IVFH to reach various industries.
About Innovative Food Holdings
Innovative Food Holdings is committed to enhancing meal experiences by offering a carefully curated marketplace of gourmet foods that are often hard to find. The Company connects top artisan food producers with professional chefs nationwide, helping them create exceptional dining experiences. Their selection of gourmet products includes items that are at the forefront of culinary trends. The dedication to quality is evident through the tech-enabled tools and support provided to chefs, which assist them in crafting unforgettable culinary moments.
Commitment to Quality and Trends
IVFH remains attentive to food trends that resonate with chefs and their clients, ensuring that their offerings are not only of high quality but also relevant in a constantly changing culinary landscape. This partnership with a major retailer not only broadens their market presence but also reinforces their position as a leader in gourmet food distribution.
Contact Information
For any inquiries, individuals are encouraged to contact Gary Schubert, the Chief Financial Officer of Innovative Food Holdings, Inc.
Investor Relations Contact
Email: investorrelations@ivfh.com
Frequently Asked Questions
What is Innovative Food Holdings?
Innovative Food Holdings, Inc. specializes in gourmet specialty foods, connecting artisan producers with professional chefs.
What does the new partnership entail?
The partnership involves supplying gourmet cheese assortments to a major U.S. retailer, enhancing IVFH's retail presence.
When will the products be available?
The first cheese products are expected to ship in October, with a ramp-up for the holiday season.
How will this affect the company's revenue?
This new partnership is anticipated to significantly boost IVFH's revenue and diversify its customer base.
Who can be contacted for more information?
For more details, Gary Schubert, the CFO, can be reached via the provided email address.
