Business
MamaMancini’s Secures Convenience Store Market Test for Branded Meatballs in a Cup and Meals for One with Tier-1 National Food Service Distributor
Successful Market Test with H.T. Hackney, Which Services Over 20,000 East Coast Retail Locations, Presents Significant Food Service Opportunity in Market
About this update from Mama's Creations, Inc.
[{"type":"text","content":"Successful Market Test with H.T. Hackney, Which Services Over 20,000 East Coast Retail Locations, Presents Significant Food Service Opportunity in Market Spanning 300,000 Locations Nationwide EAST RUTHERFORD, NJ, Aug. 04, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), which strives to become the largest marketer and distributor of fresh, clean and easy to prepare foods, today announced that it has secured a market test with H.T. Hackney Company (“Hackney”), one of the largest wholesale distributors in the United States, for branded MamaMancini’s The Original Meatballs in a Cup™ (“Meatballs in a Cup”) and four branded Meals for One products in 47 select locations. H.T. Hackney services over 20,000 retail locations and stocks over 30,000 products with strategically located distribution centers, creating a 22-state distribution network in the Eastern United States. Retailers serviced by Hackney include convenience stores, drug stores, travel centers and small grocery stores. For over 100 years, Hackney has made it their business to provide customers with everything they need from one reliable source. The market test will include Meatballs in a Cup as well as four ready to heat Meals for One at 47 “Twice Daily” convenience stores in Tennessee, which focuses on fresh quality food and beverage products. The new test placements are expected to begin shipping in September 2022. “Distribution with Hackney’s family of retail food service partners is a highly promising milestone in MamaMancini’s growing food service vertical,” said Carl Wolf, Chief Executive Officer of MamaMancini’s. “With over 20,000 locations, a successful test could position us for placement in thousands of Hackney’s customer locations throughout the Eastern United States. “We hope this order represents our initial foothold into the estimated 300,000 convenience store, small grocer retailer, delicatessen, sandwich shop and comparable retail outlet market. The market size in food service is significant, with the aforementioned figure not including opportunities in other aspects of food service such as colleges and universities, corporate dining, travel hubs, stadiums, large group meetings and fast food. We believe we can expand our food service products, such as our branded Meatballs in a Cup and Meals for One into traditional supermarket chains an...