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Else Nutrition (TSX:BABY) expands into Walmart

Consumer, Market News
TSX:BABY
27 January 2022 09:45 (EDT)
Else Nutrition - CEO, Hamutal Yitzhak.

Source: Else Nutrition.

Else’s (BABY) toddler and kids nutrition products are now available on Walmart’s website.

Walmart operates the U.S.’s largest grocery retailer online store. According to eMarketer, its U.S. e-commerce sales are projected to hit over US$64 billion by the end of the year.

Site traffic is also up 48 per cent compared to the same quarter two years prior.

The company expects considerable online sales growth from the placement.

“We’re delighted to have our products available to Walmart shoppers,” said Hamutal Yitzhak, Else Nutrition’s Co-Founder and CEO. “This will serve as a springboard for further growth to kick off the year, and makes our Clean Label-certified, whole plant-based products even more accessible to millions of wanting families.”

Else Nutrition develops clean and plant-based food and nutrition products.

Else Nutrition (BABY) is up by 3.45 per cent trading at $1.20 per share as of 9:30 am EST.

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