Diving letter:
- Good Meals Holdings, which serves 5 chains from Washington to California, plans to increase its presence on the west coast, in line with a press launch on Tuesday.
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New Seasons Market has introduced plans to open two shops – one in Lake Oswego, Oregon and the opposite in Vancouver, Washington. Two metropolitan market shops within the Seattle space and two Bristol Farms codecs are additionally deliberate, Neil Stern, CEO of Good Meals Holdings, advised the Morning Information Beat.
- New Seasons Market and New Leaf Group Markets additionally introduced new strategic efforts on Tuesday targeted on higher localization and a customer-centric expertise. For the reason that CEO of the 2 banners, Forrest Hoffmaster, will depart on the finish of March, a successor is being sought, in line with the press launch.
Dive Perception:
The Metropolitan Market and Bristol Farms shops will open forward of the New Seasons, Stern mentioned on the Morning Information Beat. “Natural progress is deliberate for every of our banners,” mentioned Stern, including that Good Meals Holdings will proceed to “selectively search acquisitions.”
The Lake Oswego New Seasons Market will open in spring 2022. The 27,800 sq. foot retailer can be situated at 1377 McVey Ave now closed Palisades Market Place.
Within the fall of 2023, the 25,000-square-foot Vancouver retailer will open in a brand new improvement on Predominant Avenue and W. fifteenth Avenue.
The brand new companies will every carry greater than 100 jobs to their new communities, the press launch mentioned.
There may be at present a New Seasons Market in a residential space of Vancouver. As of now, when the New Seasons retailer opens, it will likely be the one full-service grocery retailer within the metropolis’s downtown space. The Columbian, a information company from Vancouver reported.
Hoffmaster’s imminent exit and new strategic efforts for the New Seasons Market and New Leaf Group Markets come at a time when Good Meals Holdings is trying to strengthen its presence on the West Coast. Within the quick to medium time period, Good Meals Holdings plans to focus its enlargement on the West Coast, the place its manufacturers have constructed a popularity for premium and contemporary produce, Stern mentioned Morning Information Beat.
With the coronavirus pandemic persevering with to disrupt the meals trade, Good Meals Holdings needed to flip. For instance, in-store cooking lessons at Lazy Acres Pure Market at the moment are being taught on-line, and Good Meals Holdings is learning new expertise like a brand new meals ordering system, Stern mentioned.
Good Meals Holdings, which has targeted on “high-touch, high-service” retail, can be making an attempt to determine the right way to cut back buyer ready occasions in shops from checkout to deli whereas giving consumers the chance “Benefit from the experience of the employees,” he mentioned.
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