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Nutritional Growth Solutions (ASX:NGS) brand to sell via Walmart and RangeMe

ASX News, Consumer Discretionary
ASX:NGS      MCAP $1.005M
24 January 2022 15:20 (AEST)
Nutritional Growth Solutions (NGS) - CEO & MD, Liron Fendell

Source: NGS

Nutritional Growth Solutions (NGS) has received approval from Walmart and RangeMe to begin selling its Healthy Heights children’s growth product on the companies’ websites.

The approval allows the company to commence its retail expansion strategy in the United States, given NGS has been selling the brand on Amazon US since 2018.

With the approval, NGS’ flagship product Healthy Heights Grow Daily 3+ single-serve shake mixes will be exposed to approximately 100 million unique Walmart.com visitors each month.

Through RangeMe.com, the product will also be available to over ten thousand buyers for some of the world’s leading retail brands including Wholefoods, CVS Pharmacy, Target and 7-Eleven.

Healthy Heights will be available as soon as it’s ready for shipping, which is expected to be this March.

Nutritional Growth Solutions CEO and Managing Director Liron Fendell credited the company’s newly appointed President for South America.

“The commencement of our retail expansion strategy is an important milestone for our business, as we strive to grow the Healthy Heights® brand into a global household name and is a testament to the knowledge and experience of our newly appointed President for North America, Stephen Turner,” she said.

Ms Fendell added ranging approvals are important steps in the company’s ongoing US retail expansion strategy.

“We look forward to stocking our products through more retailers to reach even more children with our nutritional products so they can grow into the person they are meant to be,” Ms Fendell said.

Shares were trading in the grey at 20 cents at 3:19 pm AEDT.

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