GPOPlus+ Announces Warehouse Upgrades and Cash and Carry Model Expanding Retail Reach
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) ha annunciato piani per aggiornare la propria rete di magazzini con controllo della temperatura ambiente e capacità di raffreddamento, implementando nel contempo un modello Cash and Carry. Questi aggiornamenti consentiranno all'azienda di ampliare la propria offerta di prodotti includendo nuove categorie come snack e generi vari, con la potenziale conseguenza di un aumento delle vendite per negozio nella sua rete di vendita al dettaglio esistente.
Il nuovo modello Cash and Carry permetterà ai clienti al dettaglio di ritirare direttamente i prodotti presso le strutture di GPOX oppure di ordinarli per spedizione diretta o consegna. Questa iniziativa mira ad ampliare la portata al dettaglio dell'azienda oltre i distributori di benzina e i negozi di alimentari, per includere negozi di tabacchi, negozi di vaping e negozi di liquori, creando ulteriori flussi di entrate pur sfruttando l'infrastruttura esistente.
GPO Plus (OTCQB:GPOX) anunció planes para actualizar su red de almacenes con control de temperatura ambiente y capacidades de refrigeración, mientras implementa un modelo de Cash and Carry. Estas mejoras permitirán a la empresa ampliar su oferta de productos para incluir nuevas categorías como snacks y mercancías generales, aumentando potencialmente las ventas por tienda en su red de venta al por menor existente.
El nuevo modelo de Cash and Carry permitirá a los clientes minoristas recoger productos directamente de las instalaciones de GPOX o pedirlos para envío directo o entrega. Esta iniciativa tiene como objetivo expandir el alcance al por menor de la empresa más allá de las gasolineras y tiendas de conveniencia para incluir tiendas de tabaco, tiendas de vapeo y licorerías, creando flujos de ingresos adicionales mientras se aprovecha la infraestructura existente.
GPO Plus (OTCQB:GPOX)는 창고 네트워크를 온도 조절 및 냉각 기능으로 업그레이드하고, Cash and Carry 모델을 구현할 계획을 발표했습니다. 이 업그레이드는 회사가 스낵 및 일반 상품과 같은 새로운 카테고리를 포함하는 제품 제공을 확장할 수 있게 하여, 기존 소매 네트워크의 매장당 판매 증가를 일으킬 수 있습니다.
새로운 Cash and Carry 모델은 소매 고객이 GPOX 시설에서 직접 제품을 픽업하거나 직접 배송 또는 배달을 위해 주문할 수 있게 합니다. 이 이니셔티브는 회사의 소매 범위를 주유소 및 편의점 외에도 담배 가게, 전자담배 상점 및 주류 상점으로 확장하여, 기존 인프라를 활용하면서 추가 수익원을 창출하는 것을 목표로 합니다.
GPO Plus (OTCQB:GPOX) a annoncé des projets pour moderniser son réseau d'entrepôts avec un contrôle de la température ambiante et des capacités de refroidissement, tout en mettant en place un modèle Cash and Carry. Ces mises à niveau permettront à l'entreprise d'élargir son offre de produits pour inclure de nouvelles catégories comme des collations et des articles généraux, augmentant potentiellement les ventes par magasin dans son réseau de vente au détail existant.
Le nouveau modèle Cash and Carry permettra aux clients de détail de récupérer directement les produits dans les installations de GPOX ou de les commander pour une expédition directe ou une livraison. Cette initiative vise à étendre la portée de détail de l'entreprise au-delà des stations-service et des supérettes pour inclure des bureaux de tabac, des boutiques de vape et des magasins d'alcools, créant ainsi des sources de revenus supplémentaires tout en tirant parti de l'infrastructure existante.
GPO Plus (OTCQB:GPOX) gab Pläne bekannt, sein Lagernetzwerk mit Temperaturkontrolle und Kühlmöglichkeiten zu modernisieren und gleichzeitig ein Cash and Carry-Modell umzusetzen. Diese Upgrades werden es dem Unternehmen ermöglichen, sein Produktangebot um neue Kategorien wie Snacks und allgemeine Waren zu erweitern, was potenziell die Verkaufszahlen pro Geschäft in seinem bestehenden Einzelhandelsnetzwerk erhöhen könnte.
Das neue Cash and Carry-Modell ermöglicht es den Einzelhandelskunden, Produkte entweder direkt in den GPOX-Einrichtungen abzuholen oder für den direkten Versand oder die Lieferung zu bestellen. Diese Initiative zielt darauf ab, die Einzelhandelsreichweite des Unternehmens über Tankstellen und Convenience-Stores hinaus auf Tabakläden, Vape-Shops und Spirituosenläden zu erweitern und dabei zusätzliche Einnahmequellen zu schaffen, während die bestehende Infrastruktur genutzt wird.
- Expansion of product offerings to include high-demand categories
- Addition of new retail channels including smoke shops and liquor stores
- Implementation of dual functionality (pickup and delivery) through Cash and Carry model
- Potential increase in sales per store through expanded product lines
- Potential capital expenditure required for warehouse upgrades
- Implementation costs associated with new temperature control systems
Upgrading Warehouses to Ambient Temperature Control Enables Expanded Product Lines and Cash and Carry Model Enhances Service Efficiency While Opening New Revenue Channels
LAS VEGAS, NEVADA / ACCESSWIRE / December 18, 2024 / GPO Plus, Inc.(OTCQB:GPOX), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative AI-driven Direct Store Delivery (DSD) model, is pleased to announce plans to significantly increase its product offering by upgrading its warehouse network of Regional Hubs and Mini Hubs to ambient temperature control and cooling. The Company will also use this opportunity to integrate a Cash and Carry model into the warehouse network.
Strategic Growth and Operational Efficiency Highlights
Add new high-demand product categories to its distribution network.
Expand services to include retailers such as smoke shops, vape shops, and liquor stores.
Leverage existing infrastructure to increase sales channels, driving additional revenue streams.
Upgrading Regional Hubs and Mini Hubs to ambient temperature-controlled facilities enables the storage and distribution of new product categories, such as snacks, general merchandise, and other in-demand products. This allows us to significantly increase sales per store in our existing retail network. Integrating the Cash and Carry model allows retail customers to either pick up products directly from GPOX facilities or order them for drop shipment or delivery. This dual functionality expands both GPOX's product offerings and retail reach, creating new opportunities to serve retail partners that may not require full DSD service.
"Over the last year, we've refined our DSD model, significantly improving operational efficiencies," said Brett H. Pojunis, CEO of GPOX. "Now, we're focusing on scaling revenues by opening new sales channels. Taking advantage of this upgrade to our warehouses allows us to expand both our product lines and retail network, leveraging our existing assets to enhance reach and efficiency in the markets we already serve. These initiatives position GPOX for sustained growth while maintaining our commitment to operational excellence."
To learn more, visit GPOPlus.com.
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About GPOPlus+ (GPOX)
GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative AI-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: "to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond." Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs, is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable.
For more information, please visit www.GPOPlus.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company's need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company's products, and other risks that are detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company's actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Company Contacts:
GPOX Shareholder Success Team:
Brett H. Pojunis, CEO
Email: ir@gpoplus.com
Shareholder's Line: 855.935.GPOX (4769)
SOURCE: GPO Plus, Inc.
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FAQ
What new product categories will GPOX offer after warehouse upgrades?
How will GPOX's Cash and Carry model work?
What new retail channels is GPOX targeting with its warehouse upgrades?
When will GPOX implement its warehouse temperature control upgrades?
