Good Flour Corp. (GFCOF)

[AveragePenny]

$GFCOF The Good Flour Corp. Receives 500 Store Order from Leading Global Retailer

https://www.newswire.ca/news-releases/the-good-flour-corp-receives-500-store-order-from-leading-global-retailer-894567167.html

VANCOUVER, BC, Jan. 19, 2023 /CNW/ - The Good Flour Corp. (CSE: GFCO) (OTCQB: GFCOF) (FSE: 3KZ) ("GFCO") is pleased to announce a substantial expansion to GFCO's retail footprint with an initial order from one of North America's and the world's largest retailers, with nearly 4,700 locations (the "Customer"). The Customer was ranked in the top 100 of 2022 Fortune 500 company listings. The Good Flour Corp. has moved forward with an initial order that will place GFCO products in approximately 500 of the Customer's stores throughout Canada.

The initial order is for GFCO's gluten- and allergen-free fried chicken batter, fish & chip batter, pizza & pasta mix, pancake and waffle blend, and cake mix. GFCO hopes to add additional skus in the future as the relationship with the Customer develops.

"On the heels of a strong 2022, we are continuing the momentum in 2023 with a new revenue channel that will add 500 more points of sale for GFCO products from the outset, amid an ecosystem approaching nearly 4,700 stores worldwide," said Matthew Clayton, Chief Executive Officer at The Good Flour Corp. "We are committed to relentlessly executing on our goal to be a household name in the gluten-free and healthier food category and this is a significant milestone in that pursuit. With the pandemic moving further into the rear-view mirror, we see many large brick-and-mortar retailers switching into expansion mode again as shoppers once again enjoy the in-store experience, so this is an ideal time for us to keep our foot on the accelerator in both product development and distribution."