iFresh Offers Western Union Services at Four Locations
May 15 2018 - 8:00AM
iFresh, Inc. (“iFresh” or “the Company”) (NASDAQ:IFMK), a leading
Asian American supermarket chain and online grocer, announced today
that it now provides Western Union® services at four of its New
York supermarkets.
Customers can now utilize Western Union services
including money transfers, bill payments, and money orders at the
following iFresh locations:
- 128 Mott St. New York, NY 10013
- 75 East Broadway, New York, NY 10002
- 142-41 Roosevelt Ave, Flushing, NY 11354
- 6023 8th Ave., Brooklyn, NY 11220
“We are excited that our relationship with
Western Union allows us to offer expanded services to our customers
and local communities,” said Mr. Long Deng, Chairman and CEO of
iFresh. “The availability of Western Union services in our
supermarkets will make it easier for our diverse customer base to
transfer money across the country and the world.”
About iFresh, Inc.
iFresh Inc., headquartered in Long Island
City, New York, is a leading Asian American grocery supermarket
chain and online grocer. With nine retail supermarkets along the US
eastern seaboard (with additional stores in Glen
Cove, Miami and Connecticut opening soon), two
in-house wholesale businesses strategically located in cities with
a highly concentrated Asian population, and six iFresh-managed
stores, iFresh aims to satisfy the increasing demands of Asian
Americans (whose purchasing power has been growing rapidly) for
fresh and culturally unique produce, seafood and other groceries
that are not found in mainstream supermarkets. With an in-house
proprietary delivery network, online sales channel and strong
relations with farms that produce Chinese specialty vegetables and
fruits, iFresh is able to offer fresh, high-quality specialty
produce at competitive prices to a growing base of customers. For
more information, please
visit: http://www.ifreshmarket.com/.
Forward-Looking Statement
This announcement contains forward-looking
statements. Forward-looking statements provide our current
expectations or forecasts of future events. Forward-looking
statements include statements about our expectations, beliefs,
plans, objectives, intentions, assumptions and other statements
that are not historical facts. Words or phrases such as
"anticipate," "believe," "continue," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "will" or similar words or phrases, or the negatives of
those words or phrases, may identify forward-looking statements,
but the absence of these words does not necessarily mean that a
statement is not forward-looking. Examples of forward-looking
statements in this announcement include, but are not limited to,
statements regarding our disclosure concerning the Company's
operations, cash flows, financial position and dividend policy.
About Western Union
The Western Union Company (NYSE:WU) is a global leader in
cross-border, cross-currency money movement. Our omnichannel
platform connects the digital and physical worlds and makes it
possible for consumers and businesses to send and receive money and
make payments with speed, ease, and reliability. As of March 31,
2018, our network included over 550,000 retail agent locations
offering Western Union, Vigo or Orlandi Valuta branded services in
more than 200 countries and territories, with the capability to
send money to billions of accounts. Additionally, westernunion.com,
our fastest growing channel in 2017, is available in more than 40
countries to move money around the world. In 2017, we moved over
$300 billion in principal in nearly 130 currencies and processed 32
transactions every second across all our services. With our global
reach, Western Union moves money for better, connecting family,
friends and businesses to enable financial inclusion and support
economic growth. For more information, visit
www.westernunion.com.
Contact: Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803 Email: ifmk@dgipl.com
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