HCMC ANNOUNCES THE ACQUISITION OF GREENACRES MARKET WITH 5 STORES LOCATED IN KANSAS AND OKLAHOMA
Healthier Choices Management Corp (OTC Pink: HCMC) has acquired GreenAcres Market, an organic and natural health food chain with five stores in Kansas and Oklahoma. This acquisition marks HCMC's expansion into the Midwest US market. GreenAcres offers organic produce, natural groceries, dietary supplements, and freshly prepared food from national and local brands.
HCMC's CEO, Jeffrey Holman, views this as a strategic move towards the company's growth goals, anticipating that the acquisition will boost annual top-line revenue to approximately $75 million. The acquisition aligns with HCMC's commitment to sustainable growth in the organic supermarket industry and its long-term objectives.
Healthier Choices Management Corp (OTC Pink: HCMC) ha acquisito GreenAcres Market, una catena di negozi di alimenti biologici e naturali con cinque punti vendita in Kansas e Oklahoma. Questa acquisizione segna l'espansione di HCMC nel mercato del Midwest degli Stati Uniti. GreenAcres offre prodotti organici, grocery naturali, integratori alimentari e cibi freschi preparati da marchi nazionali e locali.
Il CEO di HCMC, Jeffrey Holman, considera questo un passo strategico verso gli obiettivi di crescita dell'azienda, prevedendo che l'acquisizione aumenterà il fatturato annuale a circa 75 milioni di dollari. L'acquisizione è in linea con l'impegno di HCMC per una crescita sostenibile nel settore dei supermercati biologici e i suoi obiettivi a lungo termine.
Healthier Choices Management Corp (OTC Pink: HCMC) ha adquirido GreenAcres Market, una cadena de tiendas de alimentos orgánicos y naturales con cinco tiendas en Kansas y Oklahoma. Esta adquisición marca la expansión de HCMC en el mercado del Medio Oeste de EE. UU. GreenAcres ofrece productos orgánicos, comestibles naturales, suplementos dietéticos y comida fresca preparada de marcas nacionales y locales.
El CEO de HCMC, Jeffrey Holman, ve esto como un movimiento estratégico hacia los objetivos de crecimiento de la empresa, anticipando que la adquisición aumentará los ingresos anuales a aproximadamente 75 millones de dólares. La adquisición se alinea con el compromiso de HCMC con el crecimiento sostenible en la industria de supermercados orgánicos y sus objetivos a largo plazo.
Healthier Choices Management Corp (OTC Pink: HCMC)는 GreenAcres Market을 인수했습니다. 이 유기농 및 자연 건강 식품 체인은 캔자스와 오클라호마에 다섯 개 매장을 보유하고 있습니다. 이 인수는 HCMC의 미국 중서부 시장 확장을 의미합니다. GreenAcres는 유기농 농산물, 자연 식료품, 건강 보조 식품 및 국내외 브랜드의 신선하게 준비된 음식을 제공합니다.
HCMC의 CEO인 Jeffrey Holman은 이를 회사의 성장 목표를 향한 전략적 움직임으로 보고 있으며, 이 인수가 연간 매출을 약 7500만 달러로 증가시킬 것으로 예상하고 있습니다. 이번 인수는 유기농 슈퍼마켓 산업에서 HCMC의 지속 가능한 성장과 장기 목표에 대한 약속과 일치합니다.
Healthier Choices Management Corp (OTC Pink: HCMC) a acquis GreenAcres Market, une chaîne de magasins d'aliments bio et naturels avec cinq boutiques dans le Kansas et l'Oklahoma. Cette acquisition marque l'expansion de HCMC sur le marché du Midwest américain. GreenAcres propose des produits biologiques, des épiceries naturelles, des compléments alimentaires et des plats fraîchement préparés provenant de marques nationales et locales.
Le PDG de HCMC, Jeffrey Holman, considère cela comme un mouvement stratégique vers les objectifs de croissance de l'entreprise, prévoyant que l'acquisition augmentera le chiffre d'affaires annuel à environ 75 millions de dollars. L'acquisition s'aligne sur l'engagement de HCMC envers une croissance durable dans l'industrie des supermarchés biologiques et ses objectifs à long terme.
Healthier Choices Management Corp (OTC Pink: HCMC) hat GreenAcres Market übernommen, eine Kette von Bio- und Naturlebensmittelgeschäften mit fünf Filialen in Kansas und Oklahoma. Diese Übernahme markiert die Expansion von HCMC in den Mittleren Westen der USA. GreenAcres bietet Bio-Produkte, natürliche Lebensmittel, Nahrungsergänzungsmittel und frisch zubereitete Speisen von nationalen und lokalen Marken an.
Der CEO von HCMC, Jeffrey Holman, sieht dies als einen strategischen Schritt in Richtung der Wachstumsziele des Unternehmens und erwartet, dass die Übernahme den Jahresumsatz auf etwa 75 Millionen Dollar steigern wird. Die Übernahme steht im Einklang mit HCMCs Engagement für nachhaltiges Wachstum in der Bioladen-Branche und den langfristigen Zielen des Unternehmens.
- Expansion into Midwest US market with 5 new store locations
- Expected increase in annual top-line revenue to $75 million
- Strengthening of HCMC's position in the organic supermarket industry
- Potential synergies between HCMC and GreenAcres Market
- None.
HOLLYWOOD, FL, July 24, 2024 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced the acquisition of GreenAcres Market, an organic and natural health food and vitamin chain with five store locations in Kansas and Oklahoma. GreenAcres Market is a chain of premier natural foods stores, offering organic and all natural products and vitamins from both top national brands as well as locally sourced specialty brands. GreenAcres Market offers everything from organic produce, natural groceries, dietary supplements, and freshly prepared food. This acquisition marks HCMC’s market expansion into the midwestern region of the United States.
HCMC’s CEO Jeffrey Holman enthusiastically announced the continued expansion of the company’s grocery segment through the acquisition of GreenAcres Market. Mr. Holman went on to comment, “We see this move as another strategic step towards achieving HCMC's growth goals. Based on their past success, we anticipate the GreenAcres acquisition will propel annual top-line revenue to roughly
The Hoffmann family share: “We are excited that GreenAcres Markets will begin a new chapter with HCMC as this acquisition highlights their shared focus on quality products and customer service. The potential synergies of bringing like-minded stores together will help maintain the natural products industry’s mission of alternative health education. We also want to thank the Food Partners who served as strategic and financial advisor to GreenAcres in the transaction.”
About Healthier Choices Management Corp.
Healthier Choices Management Corp. (www.hcmc1.com) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives.
Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio.
Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives.
Through its wholly owned subsidiaries, the Company operates:
| Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com). | ||
| Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins, and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.ParadiseHealthDirect.com). | ||
| Mother Earth’s Storehouse, an organic and health food and vitamin chain in New York’s Hudson Valley, which has been in existence for over 40 years (www.MotherEarthStorehouse.com). | ||
| Greens Natural Foods’ eight stores in New York and New Jersey, offering a selection of | ||
| Ellwood Thompson’s, an organic and natural health food and vitamin store located in Richmond, Virginia. (www.ellwoodthompsons.com). | ||
| GreenAcres Market, an organic and natural health food and vitamin chain with five store locations in Kansas and Oklahoma. GreenAcres Market is a chain of premier natural foods stores, offering organic and all natural products and vitamins from both top national brands as well as locally sourced specialty brands | ||
Through its wholly owned subsidiary, Healthy Choice Wellness, LLC, the Company operates a Healthy Choice Wellness Center in Kingston, NY and has a licensing agreement for a Healthy Choice Wellness Center located at the Casbah Spa and Salon in Fort Lauderdale, FL. The Company continues to seek out locations for new Healthy Choice Wellness Centers but there are not currently any agreements in place for the opening of any new locations.
Through its wholly owned subsidiary, Healthy Choice Wellness II, LLC, the Company entered a joint venture with an established healthcare provider, and the joint venture is in the process of creating a structure whereby it will engage in telemedicine evaluations of patients for semaglutide therapy. The operation will encompass, generally: medical evaluations of patients; treatment of patients with semaglutide; coordination with providers and patients.
Through its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty and personal care products on its website www.TheVitaminStore.com.
Forward Looking Statements.
This press release contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission (SEC) or otherwise. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management’s estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. In addition, when used in this release, the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” and “plans” and variations thereof and similar expressions are intended to identify forward looking statements.
Factors that may affect our future results of operations and financial condition include, but are not limited to, fluctuations in demand for our products, the introduction of new products, our ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of our liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in our filings with the SEC.
Contact Information:
Healthier Choices Management Corp.
3800 North 28TH Way, #1 Hollywood, FL 33020
305-600-5004
Email: ir@hcmc1.com
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