STOCK TITAN

Rapid Nutrition Expands Global Online Distribution with New Amazon Store

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Rapid Nutrition (OTCQB:RPNRF) has launched its Amazon USA store, expanding its direct-to-consumer channels amidst a growing global online marketplace. The company plans to continue its rollout in Europe, with the UK site expected in 2021. CEO Simon St. Ledger highlighted the focus on organic health products during the pandemic, aiming to attract U.S. consumers committed to wellness. The launch aligns with Amazon's impressive revenue growth, positioning Rapid Nutrition to capitalize on the anticipated increase of online shoppers in the U.S. to 300 million by 2023.

Positive
  • Launch of Amazon USA store to boost direct-to-consumer sales.
  • Expansion plans include a UK Amazon site later in 2021.
  • Increased international distribution agreements enhance market reach.
  • Focus on organic health products aligns with growing consumer demand.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / March 3, 2021 / Advancing its direct-to-consumer channels through the industry leader in online sales, Rapid Nutrition PLC (OTCQB:RPNRF)(SW:RAP), a natural healthcare company focused on sports nutrition, diet management and life sciences products with extensive worldwide distribution networks, recently launched its Amazon USA store. Rapid Nutrition will continue its Amazon rollout throughout Europe, with the UK site slated for the later in 2021.

"Our management team continues to adapt during the global pandemic with its focus on delivering the best in organic health and wellness products directly to consumers across the globe," said Rapid Nutrition CEO Simon St. Ledger. "We look forward to welcoming new customers in the United States dedicated to wellness in the new year while supporting investors worldwide with expanded outreach."

With the aim of becoming "earth's most customer-centric company," Amazon boasted record net revenue of about $280 million in 2019, thanks to ongoing growth in online sales. The United States is expected to be home to 300 million online shoppers by 2023-more than 90 percent of the country's population-and nearly half of U.S. shoppers reporting buying their first online item on Amazon.

The new Amazon shop for Rapid Nutrition's SystemLS line shares the company's fresh approach to a healthy lifestyle through organic protein shakes and bars with "real food, real science, real results."

Continuing its expansion throughout the United States, the company has also increased its international distribution agreements. Further, Rapid Nutrition continues to grow its consumer outreach through social media and its redesigned website, helping shoppers make informed choices about healthy eating habits to achieve their wellness goals.

About Rapid Nutrition

Dedicated to the development and distribution of premium, science-based health and wellness brands across the globe, Rapid Nutrition shares a wealth of award-winning products with consumers who are passionate about innovations that are "made by nature, refined by science." Rapid Nutrition's first-class scientific team matches the experience of its management team to keep both the company and consumers on top of the latest industry trends and developments, while aligning with industry leaders worldwide to deliver effective supplements and solutions. Rapid Nutrition aims to be the supplier of choice globally by offering premium brands with the highest-quality ingredients to deliver maximum results.

For more information, please visit http://rnplc.com

Investor Relations Contact:
ir@rnplc.com

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that could cause Rapid Nutrition PLCs actual results and experience to differ materially from anticipated results and expectations expressed in these forward-looking statements. Rapid Nutrition PLC has in some cases identified forward-looking statements by using words such as "anticipates," "believes," "hopes," "estimates," "looks," "expects," "plans," "intends," "goal," "potential," "may," "suggest," and similar expressions. Rapid PLC undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by applicable law or regulation.

Disclosure Requirement:

This media information does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. This information does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. The media release is in accordance with International Reporting Standard: Rule 12g3-2(b) under the Securities Exchange Act ('Rule 12g3-2(b)') permits non-U.S. companies with securities listed primarily on a Qualified Foreign Exchange to make publicly available to U.S investors in English the same information that is made publicly available in their home countries as an alternative to SEC reporting Exchange Act Rule 12g3-2(b).

SOURCE: Rapid Nutrition PLC



View source version on accesswire.com:
https://www.accesswire.com/633397/Rapid-Nutrition-Expands-Global-Online-Distribution-with-New-Amazon-Store

FAQ

What is the significance of Rapid Nutrition's new Amazon USA store launch for stock symbol RPNRF?

The launch of the Amazon USA store marks a strategic move for Rapid Nutrition (RPNRF) to enhance direct-to-consumer sales, particularly in the growing online marketplace.

How is Rapid Nutrition expanding its international presence?

Rapid Nutrition is expanding its international presence by launching its Amazon USA store and planning to roll out an Amazon site in the UK later in 2021.

What products does Rapid Nutrition offer through its online store?

Rapid Nutrition offers organic health and wellness products, including protein shakes and bars, through its Amazon store.

What market trends support Rapid Nutrition's growth strategy?

The ongoing shift towards online shopping and the increasing consumer emphasis on health and wellness support Rapid Nutrition's growth strategy.

How many online shoppers are expected in the U.S. by 2023?

The U.S. is expected to have 300 million online shoppers by 2023, highlighting the market potential for Rapid Nutrition's products.

RAPID NUTRITION PLC NEW

OTC:RPNRF

RPNRF Rankings

RPNRF Latest News

RPNRF Stock Data

47.85k
72.01M
3.77%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
London