Business
Edible Garden Capitalizes on Industry Leadership Position by Unveiling Innovative In-Store Displays at the Global Produce and Floral Show; Opportunity to Drive Incremental Revenue
Attractive and replenishable displays, featuring rosemary, sage, and thyme, to launch in advance of 2023 holiday season starting at all Meijer retail
About this update from Edible Garden Ag Incorporated
[{"type":"text","content":"Attractive and replenishable displays, featuring rosemary, sage, and thyme, to launch in advance of 2023 holiday season starting at all Meijer retail locations\nBELVIDERE, NJ, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today unveiled its new and innovative in-store displays, featuring an attractive and easily replenishable design for cut herbs at the Global Produce & Floral Show (the “Show”). Jim Kras, Chief Executive Officer of Edible Garden stated, “We are pleased to announce the new in-store, replenishable displays for our cut herbs in time for the 2023 holiday season, typically the busiest time of year in the herb business. These innovative displays house up to 144 clamshell packages including our most popular holiday herbs - rosemary, sage, and thyme. We plan to launch these displays starting at all Meijer retail locations. Each display contains three compartments, each of which can be easily restocked using a 48-count PDQ pallet. We will be showcasing these displays at the Show, and they will be available to all our major retail partners within our extensive distribution network as we reaffirm our dedication to providing flavor-forward, top-tier, sustainably cultivated, organic, fresh, and local produce.” \"We believe these new displays offer the Company an opportunity to capture additional, incremental revenue, due to their versatility. Beyond being located in the produce section of retail outlets, we believe Edible Garden will be able to capture additional sales volume by strategically placing these displays in secondary locations throughout the store, including the meat and frozen sections, as well as the front of the store. We believe this illustrates Edible Garden's core strength—its deep understanding of the retail market, enabling the Company to provide innovative solutions that have the potential to drive additional revenue and value. The Company’s commitment to our retail partners remains unwavering, and Edible Garden continues to respond to their needs and requests. This commitment to retailer needs was noted in an article in the respected industry publication, Produce Business.” David Ross, Vice President of Sales and Ma...