Goodfood Awarded Mercuriades Prize for Successful Business Strategy
April 20 2018 - 10:00AM
Goodfood Market Corp. (“Goodfood” or “the company”) (TSX:FOOD) is
proud to have won the prestigious Mercuriades award in the
Successful Business Strategy category.
The prize, which was awarded last night to
Goodfood by the Fédération des chambres de commerce du Québec
(FCCQ) in partnership with Quebec’s Ordre des comptables
professionnels agréés (CPA), recognizes the achievement of an
organization in terms of developing a growth strategy to maximize
its potential.
“Goodfood is honoured to win the 2018
Mercuriades Award for the most Successful Business Strategy for
2017. This award is a testament to the tireless work of the entire
Goodfood team to build our business into the meal kit market leader
it is today, said Jonathan Ferrari, Chief Executive Officer of
Goodfood. We thank the FCCQ and the Ordre des CPA du Québec for
this honour, and we congratulate all other awardees and finalists
for their business successes of 2017.”
The FCCQ’s Mercuriades Awards are presented, on
an annual basis, to the top-performing small and medium-sized
enterprises, large corporations and non-profit organizations with
operations in Quebec that exemplify best practice across a range of
business activities.
Building from strength-to-strength and
from coast-to-coastGoodfood is the market leader in the
meal kit industry in Canada. Since launching in 2014, the company
has experienced substantial growth in revenues and subscribers,
increasing by more than 300% in both areas over the past year
alone. Thanks to its successful business strategy, Goodfood
recorded the fastest revenue growth amongst TSX listed companies
during the last twelve months.
Meal kits address growing lifestyle trends
towards convenience, healthy food and value for money. Goodfood
facilitates the creation of nutritious meals made with fresh and
quality ingredients with a minimum of preparation time, including
all the planning that goes into grocery shopping. The company is
proud to partner with local farms to source its ingredients, and
its business model reduces food waste and is environmentally
friendly.
The company recently announced the upcoming
launch of its national platform with the opening of a new Western
Canadian production and distribution facility. This facility will
serve a new addressable market of up to 11 million consumers, and
initial market testing by Goodfood has shown strong demand for its
services in the region. The opening of the facility will extended
the Goodfood experience to Canadians from coast to coast.
About Goodfood Goodfood is
Canada’s leading meal kit company, delivering fresh ingredients
that make it easy for subscribers to prepare delicious meals at
home every week. Goodfood’s objective is to take the hassle out of
cooking, leaving subscribers with the fun part - cooking, sharing
with family and eating. Subscribers select their favorite recipes
from a variety of original dishes online. The company prepares a
personalized box of fresh ingredients and delivers it to the
subscriber's doorstep with easy step-by-step instructions.
Headquartered in Montréal, Canada, Goodfood had 61,000 subscribers
as at February 28, 2018. www.makegoodfood.ca
For further
information:Jonathan Ferrari, Chief Executive
Officer1(855) 515-5191IR@makegoodfood.ca
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