- The company’s plant-based complete nutrition products for toddlers will be available on Walmart.com by Q4
- Walmart’s U.S. e-commerce sales prior to the pandemic were $30 billion and are projected to hit over $64 billion by the end of 2021
- Else Nutrition GH Ltd. is an Israel-based food and nutrition company
- Else Nutrition Holdings Inc. (BABY) opened trading at C$2.75 per share
Else Nutrition (BABY) has signed an online distribution agreement with Walmart.com.
The company’s plant-based complete nutrition products for toddlers will be available on Walmart’s online marketplace by Q4, 2021.
“Entering Walmart.com is a highly significant milestone for the company,” said Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition.
“The sheer size of Walmart.com will allow us to reach thousands of new families and enable us to scale significantly over the next 3 years,” she added.
According to eMarketer, Walmart’s U.S. e-commerce sales prior to the pandemic were $30 billion and are projected to hit over $64 billion by the end of 2021.
Walmart.com’s traffic was much higher the past year than pre-pandemic levels. Online shopping, particularly in the grocery and FMCG segment (Fast Moving Consumer Goods), has undergone a surge in popularity due to the pandemic.
Walmart was the largest United States grocery retailer in 2019 with 65 percent of Walmart’s US$510.329 billion sales coming from U.S. operations.
Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults.
Else Nutrition Holdings Inc. (BABY) opened trading at C$2.75 per share.
