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Headquartered in Las Vegas, Nevada, GPO Plus, Inc. (OTC: $GPOX) is a publicly traded global holding company of industry-specific group purchasing organizations (GPO). The primary holdings are HealthGPO, a healthcare industry group purchasing organization, and CBDGPO, a group purchasing organization for the CBD and hemp industry. GPO Plus specializes in developing consumer-branded products for specialty retailers and online eCommerce sales, aiming to bring quality products to a wider audience.
Recent news indicates a strategic expansion model driven by Mini-Hubs providing enhanced service to retail partners, aiming to reach over 2,000 retail locations. The company's proprietary Direct to Store Delivery (DSD) model has led to accelerated revenues. GPO Plus partners with leading industry brands, like Hempacco Co, Inc., a hemp smokables company disrupting the tobacco industry, showcasing a commitment to innovation and growth. The company's expansion strategy focuses on simplifying operations by consolidating products into one distribution service, offering a comprehensive solution for specialty retailers.
GPO Plus continues to focus on product development, manufacturing, distribution, and marketing to meet market demand and customer needs. The recent establishment of a Regional Hub in New Mexico highlights the company's dedication to enhancing efficiency and expanding service delivery. Through its strategic partnerships and innovative approach, GPO Plus aims to set new standards in distribution and deliver exceptional value to its retail partners.
GPO Plus (OTCQB:GPOX) announced plans to upgrade its warehouse network with ambient temperature control and cooling capabilities, while implementing a Cash and Carry model. The upgrades will enable the company to expand its product offerings to include new categories like snacks and general merchandise, potentially increasing sales per store in its existing retail network.
The new Cash and Carry model will allow retail customers to either pick up products directly from GPOX facilities or order them for drop shipment or delivery. This initiative aims to expand the company's retail reach beyond gas stations and convenience stores to include smoke shops, vape shops, and liquor stores, creating additional revenue streams while leveraging existing infrastructure.
GPO Plus (OTCQB:GPOX), an AI-powered distributor for gas stations and convenience stores, reported significant growth and technological advancements. The company achieved 560% year-over-year revenue growth, reaching $4.35 million in annual revenue, up from $653,516 the previous year.
Key developments include the deployment of PRISIM+, their proprietary AI-powered technology platform for route and inventory management, expansion of Direct Store Delivery (DSD) distribution with three new mini-hubs, and growth of their retail network including the addition of 52 TXB Stores locations.
The company targets the 15-20% fragmented product segment of the convenience store market, representing a $50 billion market opportunity. GPOX aims to expand to 5,000 locations and is implementing initiatives including warehouse upgrades, retail network expansion, and establishment of a call center sales team.
GPO Plus (OTCQB:GPOX) has announced a partnership with RARESTRICTED STUDIO to enhance its social media presence and communication strategy. The collaboration aims to better convey the company's AI-powered distribution model, performance updates, and growth initiatives to shareholders and investors. RARESTRICTED STUDIO will lead the development and execution of strategic social media campaigns, focusing on educating stakeholders about GPOX's business opportunities through engaging content and storytelling. The partnership reflects GPOX's commitment to improving transparency and communication with its investor community.
GPO Plus, Inc. (OTCQB:GPOX), a Direct Store Delivery company, has released an exclusive interview with CEO Brett H. Pojunis from the New York Stock Exchange floor. The interview, available on the GPOPlus website, covers several key topics:
- GPOX's transformation of Direct Store Delivery using a technology and data-driven approach
- The company's proprietary software PRISM+ and its AI-driven efficiency enhancements
- Unique solutions for retail clients
- Recent expansion into Austin and San Antonio, Texas
- Future growth plans
Pojunis highlighted GPOX's role in revolutionizing DSD by consolidating the last 15-20% of highly fragmented products. The company aims to be a best-in-class partner for retail clients, optimizing inventory management and distribution efficiencies. GPOX's recent expansion into 52 Texas Born Stores demonstrates its rapid growth and expanding network.
GPO Plus, Inc. (OTCQB:GPOX), a Direct Store Delivery (DSD) company, has expanded its distribution network by initiating services to all 52 Texas Born (TXB) Stores in Austin, San Antonio, Dallas, Texas, and Oklahoma. This expansion includes a weekly service and the implementation of a TXB branded Feel Good Shop+, a store-within-a-store concept.
Dorsey Sparks, VP of DISTRO+, expressed enthusiasm about this milestone, highlighting GPOX's commitment to providing white-glove DSD service to the respected TXB chain. Joe Clark, Senior Category Manager for Texas Born, welcomed GPOX's services, noting that the partnership will enhance product assortment and customer convenience.
GPOX utilizes an AI-driven distribution model to revolutionize distribution to convenience stores and gas stations. The company encourages interested parties to visit their website and connect on social media for live updates and general information about GPOX and its GPOs.
GPO Plus, Inc. (OTCQB:GPOX), a Direct Store Delivery (DSD) company, has been selected for an exclusive interview from the floor of the New York Stock Exchange (NYSE). The interview, featuring CEO Brett H. Pojunis, will be available on the GPOPlus website on October 8, 2024. Topics will include GPOX's AI-driven distribution model, its proprietary software PRISM+, and future growth plans.
GPOX has experienced over 500% growth in the past year and has recently expanded into Austin, San Antonio, and Houston. The company is positioning itself as a best-in-class provider of DSD services to convenience stores and gas stations across the country. Investors can stay updated by signing up for the company's Pulse newsletter at GPOPlus.com.
GPO Plus, Inc. (OTCQB:GPOX), a Direct Store Delivery company, has been chosen to present at the Principled Business New York Summit on September 18-19, 2024. GPOX, selected from the inaugural 2024 Principled Business Accelerator Program, will also sponsor the event. The company will showcase its business to a panel of distinguished investors, including Steve Forbes and John Mackey.
Brett H. Pojunis, CEO of GPOX, expressed honor at being selected and anticipates generating further interest in the company. Alexander McCobin, Co-Founder & Executive Director of Principled Business, praised GPOX's active participation and remarkable progress. The event registration deadline is August 16, 2024.
GPO Plus, a Direct Store Delivery company (“DSD”), has launched a new Mini Hub in Rapid City, South Dakota, to enhance operational efficiencies and expand its reach into the Northern Midwest. This strategic move aims to service approximately 40 retail locations initially, with a target of 150 locations. The Mini Hub will assist in reducing operational costs, leveraging GPOX's technology platform, PRISM+, to improve logistics, shorten delivery routes, and reduce payroll expenses. The expansion aims to provide weekly, localized support, boosting service efficiency and aligning with the growing demand in North Dakota, South Dakota, Nebraska, and Eastern Wyoming.
GPO Plus (GPOX), a direct-to-store delivery (DSD) company, will exhibit and sponsor FreedomFest 2024, taking place from July 10-13 at The CAESARS FORUM Conference Center in Las Vegas, Nevada. FreedomFest is a prominent event that gathers experts in finance, economics, philosophy, and other fields. It features over 300 speakers and nearly 200 presentations. GPOX aims to showcase its latest advancements in technology-driven distribution for convenience stores and gas stations. The company's booth, 300G, will offer insights into their innovative solutions for the industry.
GPO Plus has announced the launch of a new Mini Hub in Austin, Texas, marking a strategic expansion into Southeast Texas. This move will initially service approximately 40-50 additional retail locations, including major markets like San Antonio and Houston. The Austin Mini Hub aims to enhance service efficiency by leveraging GPOX's technology platform, PRISM+, to improve operational efficiencies through better route management, improved inventory control, and real-time logistics. The localized hub will provide weekly services, resulting in increased responsiveness compared to traditional distributors. The expansion responds to growing regional demand and is expected to translate into increased revenues for GPOX.
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