NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Products Spotted on Shelves in New Supermarket Chain
Nightfood Holdings (OTCQB: NGTF), the fast-growing ice cream company addressing America’s $50 billion nighttime snacking problem, this morning announced that its products have officially hit the shelves in various locations of its newest supermarket chain distribution partner. The company is currently awaiting approval from the supermarket chain to make a public announcement including the name of its new partner, although many consumers and investors have discovered the product on shelves at the retailer. The full rollout of Nightfood’s product at the 250+ stores is anticipated to be complete within the next two weeks. Additionally, NGTF management is presently involved in discussions and meetings with 12-18 additional supermarket chains and believes the brand will procure distribution in thousands more supermarket outlets by March 31, 2020. “We submitted the draft news release for approval earlier this month, and we’d prefer to have already made the announcement,” Nightfood CEO Sean Folkson stated in the news release. “We will not risk our relationship by making the announcement before it’s approved by our partner. This is a major subsidiary of a massive public company, and these things can take time. Even though we can’t name the chain yet, we’re making this announcement to let everybody know the product is already on many shelves in our new chain. Many investors have been contacting us expressing concern that no formal announcement meant the distribution was falling through.”
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Nightfood Holdings (OTCQB: NGTF), the fast-growing ice cream company addressing America’s $50 billion nighttime snacking problem, this morning announced that its products have officially hit the shelves in various locations of its newest supermarket chain distribution partner. The company is currently awaiting approval from the supermarket chain to make a public announcement including the name of its new partner, although many consumers and investors have discovered the product on shelves at the retailer. The full rollout of Nightfood’s product at the 250+ stores is anticipated to be complete within the next two weeks. Additionally, NGTF management is presently involved in discussions and meetings with 12-18 additional supermarket chains and believes the brand will procure distribution in thousands more supermarket outlets by March 31, 2020. “We submitted the draft news release for approval earlier this month, and we’d prefer to have already made the announcement,” Nightfood CEO Sean Folkson stated in the news release. “We will not risk our relationship by making the announcement before it’s approved by our partner. This is a major subsidiary of a massive public company, and these things can take time. Even though we can’t name the chain yet, we’re making this announcement to let everybody know the product is already on many shelves in our new chain. Many investors have been contacting us expressing concern that no formal announcement meant the distribution was falling through.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
