Monday, August 08, 2016 8:40:45 AM
NEW YORK, NY--(Marketwired - Aug 8, 2016) - Hispanica International Delights of America, Inc. ( OTC PINK : HISP ), a diversified food and beverage company in the Hispanic and ethnic food industry, announced today that it now has distribution (directly and indirectly) in over 2,000 retail stores as of July 2016 which include renowned retailers such:
- Walmart ®
- 7 Eleven ®,
- Safeway ®,
- Shoppers Food Warehouse ®,
- Valero Gas ®
- Lucky Supermarkets ®
- Shell Gas ®
- Quik Stop Markets ®
- Railys Supermarkets ®
- Nob Hill ®
- Save Mart Supermarket ®
- FoodMaxx ®
- Compare Foods ®
- Associated Supermarkets ®
- C-Town Supermarkets ®
- Bravo Supermarkets ®
- Foodtowns ®
- Americana Grocers ®
- Grand Mart ®
- Mega Supermarkets ®
- Fresh World ®
"The ability of the Company to establish so many retail stores and extensive distribution channels in certain key markets of the U.S., for Hispanic and ethnic foods, so soon after our first acquisition is a testament to our management's ability to handle different components of our subsidiaries, their product lines, customers, and logistics. This is a scalable business that will continue to grow as we add on new products, customers, acquisitions and vital personnel," said Fernando "Oswaldo" Leonzo, Chairman & CEO of Hispanica International Delights of America, Inc.
"The 2,000 retailers we now sell to, directly through our ESD subsidiary and indirectly through our wholesale and distribution customers, represents only less than 1% of the total market for ethnic foods in the U.S. As an example, it is well known that brands like Jarritos ® (a well-known Mexican soft drink imported by Novamex ®) is in well over 100,000 retail locations, in the U.S. alone. Our goal is to increase our market presence with all our proprietary products, whether they are beverages, snacks, or foods, throughout our distribution network which we are growing by the day," stated John Romagosa, President of Hispanica International Delights of America, Inc.
Source http://finance.yahoo.com/news/hispanica-international-delights-america-inc-100000549.html
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