Business
Vapor Corp., through its subsidiary, Health Choice Markets Inc., Completes Acquisition of Organic Grocery Store in Ft. Myers, Florida
Vapor Corp., through its subsidiary, Health Choice Markets Inc., Completes Acquisition of Organic Grocery Store in Ft. Myers, Florida.
About this update from Healthier Choices Management Corp.
[{"type":"text","content":"\n\n\n\nVapor Corp., through its subsidiary, Health Choice Markets Inc., Completes Acquisition of Organic Grocery Store in Ft. Myers, Florida\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nVapor Corp., through its subsidiary, Health Choice Markets Inc., Completes Acquisition of Organic Grocery Store in Ft. Myers, Florida\nPR Newswire\nDANIA BEACH, Fla., June 2, 2016\n\n\n\n\n\n\n\nDANIA BEACH, Fla., June 2, 2016 /PRNewswire/ -- Vapor Corp. (OTCQB: VPCOD) (the \"Company\"), a leading U.S.-based distributor and retailer of vaping products, announced today that, through its wholly owned subsidiary, Healthy Choice Markets, Inc., it has completed the acquisition of the assets of Ada's Natural Market, a natural and organic grocery store in Ft. Myers, Florida.  The purchase price was $3 million in cash, less adjustments for inventory levels. The store will continue to operate under the same name and management.\n\n\"We are extremely excited to have acquired Ada's Natural Market.  After an extensive search of numerous business opportunities, we are confident that this acquisition is going to be immediately accretive and will pave the way to continue our now realized goal of beginning to diversify Vapor Corp.,\" said CEO Jeffrey Holman.\n\n\"Ada's has been serving the Fort Myers area for over 40 years.  We are very proud to have this as the flagship under store under Healthy Choice Markets.  We already have plans to enhance and grow its presence within the community, as well as evaluate further opportunities for expansion within the State of Florida,\" said Christopher Santi, President and COO of Vapor Corp.\n\nAbout Healthy Choice MarketsHealthy Choice Markets, Inc. is an aspirational leader in providing retail options for those living a clean eating lifestyle.  Specializing in natural and organic grocery operations, Healthy Choice Markets, brings a vast array of healthy options from only the finest suppliers, including organic and locally grown produce; over 100 bulk, \"by the pound,\" grains, legu...