- Following two months on the shelf and positive consumer feedback, Meijer supermarket chain has added NGTF ice cream to additional store locations
- Nightfood ice cream quickly established distribution in 16 states
- NGTF CEO Sean Folkson was recently interviewed on the floor of the New York Stock Exchange
Nightfood Holdings Inc. (OTCQB: NGTF) is solving America’s $50 billion nighttime snacking problem with sleep-friendly nighttime ice cream. With its team of leading sleep and nutrition experts, NGTF is pioneering the projected billion dollar nighttime nutrition and sleep-friendly snack categories.
The Nightfood ice cream brand is already making a name for itself. Based on a Kantar survey of more than 40,000 consumers, NGTF ice cream was named recipient of the 2019 ‘Product of the Year’ award in the ice cream category, and it has been featured in major media outlets including USA Today, MarketWatch, The Washington Post, Food Network, Today and more.
NGTF recently announced that the Meijer supermarket chain has added Nightfood ice cream to 13 additional store locations, just two months after the product was initially launched into 95 of Meijer’s 240 high-volume supercenters (http://ibn.fm/4p7lU). Four of these locations are new Meijer Supercenters scheduled to open in May. Three of the four new stores are in Ohio and will be introducing both Meijer and Nightfood to the Cleveland market. Nightfood’s distribution with Meijer is currently concentrated around the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus and Milwaukee, in addition to the three new stores in Cleveland.
Meijer Supermarket distribution is only one of many steps the company is taking toward reaching its goal of being on shelves in 10,000 locations by March 31, 2020.
After news broke of the Meijer expansion, NGTF CEO Sean Folkson was welcomed to the floor of the New York Stock Exchange to be interviewed by financial news outlet Cheddar. In an interview that aired live nationally on May 7, 2019, Folkson was asked about the potential for an acquisition of the Nightfood brand and responded, “Acquisition is really hot in the CPG (consumer packaged goods) space. We’ve seen a ton of them, they’re very frothy. We do think that by this time next year, we’re going to be in position where we’re probably going to be fielding some phone calls, and we’re certainly going to listen.“
The company also recently revealed that another billion-dollar regional chain in the Midwest, a top-50 supermarket chain with per-store revenue double that of an average Whole Foods, has also added Nightfood to its freezers in select locations. Details of that deal have not yet been announced.
For more information, visit the company’s website at www.Nightfood.com
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
