Successful market test with
HT Hackney serves over 20,000 outlets and stocks over 30,000 products with strategically located distribution centers, creating a 22-state distribution network in the
The market test will include one-cup meatballs as well as four ready-to-heat meals for one at 47 “twice-a-day” convenience stores in
“Distribution with Hackney’s family of retail restaurant partners is a very promising step in MamaMancini’s growing restaurant vertical,” said
“We hope that this order represents our first step into the market estimated at 300,000 convenience stores, small grocers, delicatessens, sandwich shops and comparable points of sale. The size of the catering market is significant, with the aforementioned figure not including opportunities in other aspects of catering such as colleges and universities, corporate restaurants, travel centers, stadiums, large group meetings and fast food. We believe we can expand our catering products, such as our branded one-cup meatballs and one-person meals, to traditional supermarket chains and club stores, with increasingly take-out food offerings. more popular.
“We are strongly focused on expanding our foodservice product line to complement our significant national presence at national Tier 1 retailers, which could potentially represent a doubling of our total addressable market. Combined with our growth strategy targeting major national retailers with our expanded product portfolio, we believe foodservice represents the next big growth opportunity to expand our national footprint as we continue to create sustainable, long-term value for our shareholders,” Wolf concluded.
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