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Maison Solutions Signs Consultancy Agreement with Four Good Fortune Supermarkets

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Maison Solutions (NASDAQ:MSS) has signed a three-year consultancy agreement with four Good Fortune Supermarkets across Massachusetts, New York, Rhode Island, and Virginia, effective January 29, 2025. The company will receive $25,000 weekly ($1.3 million annually) for providing comprehensive consulting services.

The agreement encompasses multiple service areas including: customized marketing strategies and digital initiatives; supply chain and distribution optimization; technology support for POS and inventory systems; store setup and expansion planning; and staff training programs.

According to CEO John Xu, this agreement represents a significant milestone post-public listing, aligning with the company's vision to become a solutions provider beyond traditional grocery retail. The revenue will support future expansion plans, including renovations of existing HK Good Fortune stores and potential acquisitions.

Maison Solutions (NASDAQ:MSS) ha firmato un accordo di consulenza di tre anni con quattro supermercati Good Fortune in Massachusetts, New York, Rhode Island e Virginia, con efficacia dal 29 gennaio 2025. L'azienda riceverà $25.000 settimanali (1,3 milioni di dollari all'anno) per fornire servizi di consulenza completi.

L'accordo comprende diverse aree di servizio tra cui: strategie di marketing personalizzate e iniziative digitali; ottimizzazione della catena di approvvigionamento e distribuzione; supporto tecnologico per i sistemi POS e di inventario; pianificazione dell'allestimento e dell'espansione dei negozi; e programmi di formazione per il personale.

Secondo il CEO John Xu, questo accordo rappresenta una tappa significativa dopo la quotazione in borsa, allineandosi alla visione dell'azienda di diventare un fornitore di soluzioni al di là della tradizionale vendita al dettaglio di generi alimentari. I ricavi sosterranno i futuri piani di espansione, inclusi i lavori di ristrutturazione dei negozi HK Good Fortune esistenti e potenziali acquisizioni.

Maison Solutions (NASDAQ:MSS) ha firmado un acuerdo de consultoría de tres años con cuatro supermercados Good Fortune en Massachusetts, Nueva York, Rhode Island y Virginia, con efecto desde el 29 de enero de 2025. La empresa recibirá $25,000 semanales (1,3 millones de dólares al año) por proporcionar servicios de consultoría integral.

El acuerdo abarca múltiples áreas de servicio, que incluyen: estrategias de marketing personalizadas e iniciativas digitales; optimización de la cadena de suministro y distribución; soporte tecnológico para sistemas de POS e inventario; planificación de la instalación y expansión de tiendas; y programas de capacitación para el personal.

Según el CEO John Xu, este acuerdo representa un hito significativo después de la salida a bolsa, alineándose con la visión de la empresa de convertirse en un proveedor de soluciones más allá del comercio minorista de alimentos tradicional. Los ingresos apoyarán los futuros planes de expansión, incluidas las renovaciones de las tiendas HK Good Fortune existentes y posibles adquisiciones.

Maison Solutions (NASDAQ:MSS)는 2025년 1월 29일부터 매사추세츠, 뉴욕, 로드아일랜드, 버지니아에 있는 4개의 굿 포춘 슈퍼마켓과 3년 계약을 체결했습니다. 회사는 포괄적인 컨설팅 서비스를 제공하기 위해 주당 $25,000 (연간 130만 달러)를 받게 됩니다.

이번 계약은 맞춤형 마케팅 전략 및 디지털 이니셔티브; 공급망 및 유통 최적화; POS 및 재고 시스템에 대한 기술 지원; 매장 구성 및 확장 계획; 직원 교육 프로그램 등 여러 서비스 분야를 포함합니다.

CEO인 John Xu에 따르면, 이번 계약은 상장 이후 중요한 이정표를 나타내며, 전통적인 식료품 소매 이상의 솔루션 제공업체가 되려는 회사의 비전과 일치합니다. 수익은 기존 HK Good Fortune 매장의 리모델링 및 잠재적 인수와 같은 미래의 확장 계획을 지원하는 데 사용될 것입니다.

Maison Solutions (NASDAQ:MSS) a signé un contrat de conseil de trois ans avec quatre supermarchés Good Fortune dans le Massachusetts, New York, Rhode Island et Virginie, effectif à partir du 29 janvier 2025. L'entreprise recevra 25 000 $ par semaine (1,3 million de dollars par an) pour fournir des services de conseil complets.

Le contrat couvre plusieurs domaines de services, notamment : des stratégies de marketing personnalisées et des initiatives numériques ; l'optimisation de la chaîne d'approvisionnement et de la distribution ; un soutien technologique pour les systèmes de point de vente et d'inventaire ; la mise en place et la planification de l'expansion des magasins ; et des programmes de formation pour le personnel.

Selon le PDG John Xu, cet accord représente une étape importante après l'introduction en bourse, s'alignant sur la vision de l'entreprise de devenir un fournisseur de solutions au-delà du commerce de détail alimentaire traditionnel. Les revenus soutiendront de futurs plans d'expansion, y compris les rénovations des magasins HK Good Fortune existants et d'éventuelles acquisitions.

Maison Solutions (NASDAQ:MSS) hat einen dreijährigen Beratungsvertrag mit vier Good Fortune Supermarkten in Massachusetts, New York, Rhode Island und Virginia unterzeichnet, der am 29. Januar 2025 in Kraft tritt. Das Unternehmen wird 25.000 $ pro Woche (jährlich 1,3 Millionen $) für umfassende Beratungsdienste erhalten.

Der Vertrag umfasst mehrere Dienstleistungsbereiche, darunter: maßgeschneiderte Marketingstrategien und digitale Initiativen; Optimierung der Lieferkette und Verteilung; technologische Unterstützung für POS- und Inventarsysteme; Planung der Ladenaufstellung und -erweiterung; sowie Schulungsprogramme für das Personal.

Laut CEO John Xu stellt dieser Vertrag einen bedeutenden Meilenstein nach dem Börsengang dar und steht im Einklang mit der Vision des Unternehmens, über den traditionellen Lebensmittelhandel hinaus als Lösungsanbieter tätig zu werden. Die Einnahmen werden zukünftige Expansionspläne unterstützen, einschließlich Renovierungen bestehender HK Good Fortune-Filialen und möglicher Übernahmen.

Positive
  • Secured new revenue stream of $1.3 million annually through consulting services
  • Diversification of business model beyond retail operations
  • Zero capital investment required for revenue generation
  • Strategic expansion into East Coast market through consulting presence
Negative
  • None.

Insights

The three-year consultancy agreement marks a strategic transformation for Maison Solutions, evolving from a pure-play Asian grocery retailer into a comprehensive solutions provider. The $1.3 million annual revenue stream ($25,000 weekly) represents a high-margin consulting income that could significantly improve the company's profitability profile, as consulting services typically carry higher margins than traditional retail operations.

This move is particularly strategic for several reasons: 1) It creates a new revenue stream without the capital-intensive requirements of physical store expansion 2) It leverages existing operational expertise and technology infrastructure across a broader customer base 3) It provides valuable market intelligence and potential expansion opportunities in the East Coast market 4) It strengthens the company's competitive position by establishing partnerships with regional players.

The comprehensive scope of services - spanning marketing, supply chain optimization, technology support and operational training - positions Maison Solutions as a full-service retail consultant. This diversification could provide more stable cash flows compared to the cyclical nature of retail operations. The weekly payment structure ($25,000) ensures consistent cash flow to support the company's own expansion plans and store renovations.

The agreement also reveals Maison Solutions' broader ambitions in the grocery tech sector. By providing technology support and digitization services, the company is positioning itself at the intersection of traditional retail and digital transformation - a growing niche in the grocery sector. This could lead to additional consulting opportunities as more traditional grocery stores seek to modernize their operations.

MONTEREY PARK, CA / ACCESS Newswire / January 30, 2025 / Maison Solutions Inc. (NASDAQ:MSS) ("Maison Solutions" or the "Company"), a U.S.-based specialty grocery retailer offering traditional Asian and international food and merchandise, announced it has signed a three-year consultancy agreement with four Good Fortune Supermarkets located across Massachusetts, New York, Rhode Island, and Virginia, effective January 29, 2025.

Under the agreement, Maison Solutions will leverage its knowledge and experience in supermarket operations and digitization to provide consulting services to enhance operational efficiency, marketing outreach, and business growth for each of the four supermarkets. Maison Solutions will be compensated with a total weekly service fee of $25,000, which equates to an aggregate of approximately $1.3 million annually.

Additional details of the scope of service under the consultancy agreement include:

  • Marketing Services: Customized marketing strategies tailored to each location's unique market needs, including digital marketing initiatives, in-store promotional campaigns, customer loyalty programs, and management of seasonal marketing efforts to drive foot traffic, increase brand visibility, and boost sales.

  • Supply Chain and Distribution Support: Enhancing supply chain and distribution process by providing expertise in inventory forecasting, order processing, vendor relationship management, and efficient distribution coordination, along with advice on cost-effective sourcing strategies, inventory optimization, and streamlined logistics to reduce lead times and enhance supply chain resilience.

  • Technology Support and Assistance: Ongoing technology support for point-of-sale systems, inventory management software, customer relationship management tools, and other operational technologies.

  • Store Setup and Expansion Planning: Strategic consultancy on optimal store layout, facilitate setup of new stores, and support expansion initiatives, including conducting feasibility studies, preparing budgets, development project timelines, and assistance on necessary permitting, vendor selection, and contracting.

  • Training Services: Tailored staff training program to enhance customer service, sales techniques, inventory control, and operational use of technology systems.

John Xu, President, Chairman, and Chief Executive Officer of Maison Solutions, stated: "When we first founded Maison Solutions, our goal went beyond running a grocery store chain to compete with market leaders. We aimed to be a solutions provider, offering strategic consulting and technological support to help smaller grocery chains enhance and grow their services. This consulting agreement marks a significant milestone in our mission since our public listing. With our team's diverse and extensive expertise in all areas of grocery store operations, we are excited to support our counterparts on the east coast. This agreement provides a strategic and alternative means of strengthening our balance sheet to fund future expansion plans, which includes further renovation plans for our operating HK Good Fortune stores and exploring additional acquisition targets."

About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse makeup of the communities in which the Company operates. Since its formation in 2019, the Company has acquired equity interests in four traditional Asian supermarkets in the Los Angeles, California area, operating under the brand name HK Good Fortune, and three supermarkets in the Phoenix and Tucson, Arizona metro areas, operating under the brand name Lee Lee International Supermarket. To learn more about Maison Solutions, please visit the Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn and X.

Cautionary Note Concerning Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC, copies of which are available on the SEC's website at www.sec.gov. Maison Solutions undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after the date of this release, except as required by law.

Investor Relations Contact:
Gateway Group, Inc.
+1-949-574-3860
MSS@gateway-grp.com

SOURCE: Maison Solutions, Inc



View the original press release on ACCESS Newswire

FAQ

How much revenue will MSS generate from the Good Fortune Supermarkets consulting agreement?

MSS will generate $25,000 weekly, totaling approximately $1.3 million annually from the consulting agreement.

What services will MSS provide under the Good Fortune Supermarkets consulting agreement?

MSS will provide marketing services, supply chain support, technology assistance, store setup planning, and staff training programs.

How long is the consulting agreement between MSS and Good Fortune Supermarkets?

The consulting agreement is for three years, effective January 29, 2025.

Which states are the four Good Fortune Supermarkets located in?

The four Good Fortune Supermarkets are located in Massachusetts, New York, Rhode Island, and Virginia.

How will MSS use the consulting revenue?

MSS plans to use the revenue to fund future expansion plans, including renovating HK Good Fortune stores and exploring acquisition opportunities.

Maison Solutions Inc.

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