The Very Good Food Company Inc. - CEO, Mitchell Scott (Right)
CEO, Mitchell Scott (Right)
Source: Peninsula News Review
  • The Very Good Food Company (VERY) is opening a new flagship butcher shop and restaurant in Victoria, B.C.
  • The butcher shop will be located in downtown Victoria
  • VERY said the new location will be able to accommodate a higher volume of customers while maintaining COVID-19 pandemic social distancing protocols
  • The new butcher shop is scheduled for an official opening in May 2021
  • Very Good Food Company is up 2.90 per cent to C$6.75 per share

The Very Good Food Company (VERY) is opening a new flagship butcher shop and restaurant in Victoria, B.C.

The butcher shop will be located in downtown Victoria and will feature a quick service restaurant and retail outlet.

The flagship restaurant will have an outdoor patio and a larger footprint than VERY’s current butcher shop located in the Victoria Public Market.

VERY CEO Mitchell Scott said the company is excited to be moving to this new, larger space.

“We chose this location for its foot traffic, the outdoor patio and the ability to offer an extended beverage menu including beer and wine – as well as longer opening hours. We will be opening a second flagship butcher shop in the Mount Pleasant area in the latter half of the year.”

VERY said the new location will be able to accommodate a higher volume of customers while maintaining COVID-19 pandemic social distancing protocols.

This flagship butcher shop will be a template for the opening of additional flagship butcher shops and restaurants across strategic cities in North America.

Improvements are underway and the new butcher shop is scheduled for an official opening in May 2021, at which time the public market location will close.

The plant-based food company is also busy with its production plant called the Rupert Facility. The facility is expected to be ready for its first production run to start on schedule in March.

The adjacent Vancouver warehouse has been set up and is fully operational with key direct ingredients arriving in preparation for March. A supply chain warehouse team has been deployed and virtual job fairs are being held for production and facility employees.

Very Good Food Company is up 2.90 per cent to C$6.75 per share at 11:16 am EST.

More From The Market Online

Three point-of-sale stocks you should watch

In today’s digital commerce marketplace, anyone who isn’t on top of point-of-sale systems has been left behind.

Four of the Magnificent Seven dropped today: Here’s why

The Magnificent Seven generated nearly two-thirds of the S&P 500's returns in 2023 and account for more than 25 per cent of the index.