Goodfood Announces Automated Fulfilment Centre for Grocery E-Commerce

Goodfood announced today it has signed a lease for its second fulfillment centre in the GTA. This new 200,000 square-foot facility will be a state of the art, leading online grocery delivery facility and expand Goodfood’s operating footprint to six sites from Coast-to-Coast. The Company’s 550,000 square feet of fulfilment centers extend its position as the leading national purpose-built grocery delivery infrastructure in terms of square footage. The fulfilment centre is currently under construction and should be operational by the end of summer 2021 and create over 2,000 jobs at full capacity.

“We are pleased to have found a facility of this size in a great location in Mississauga. Our largest facility to date will be highly automated to fulfill online grocery products more efficiently and have multiple temperature zones providing us with the ability to deliver seamlessly all of Goodfood’s delicious products to our loyal members. We will be investing in our team’s know-how and experience and our goal is to make this the most profitable online grocery fulfilment center in the country. We are very excited to begin the buildout of this flagship facility and provide employment opportunities across all levels,” said Neil Cuggy, President and Chief Operating Officer of Goodfood. “With our existing and recently announced Mississauga facility already producing meal kits for the GTA and Southern Ontario, we are very well positioned to continue capitalizing on our growth trajectory and achieve our operational and margin goals,” concluded Mr. Cuggy.“Even before the sustained uptick we have seen in demand for online grocery delivered safely to customers’ doors, Goodfood had raised capital and planned for a flagship facility in the GTA to launch our next phase of growth. We have found an ideal location to begin the buildout of this centre in our biggest market and continue to be a leader in the rapidly accelerating online grocery market,” added Jonathan Ferrari, CEO of Goodfood. “We are changing how Canadians shop for groceries and hence we want to be closer to our members and offer our products with more flexibility to a larger number of Canadians,” concluded Mr. Ferrari.“I couldn’t be more pleased that Goodfood has chosen to expand its footprint and open its flagship facility in Mississauga. They have made the right choice. Mississauga’s Food and Beverage sector is growing at a significantly faster rate than the rest of the Greater Toronto Area. I’d like to thank them for creating over 2,000 well-paying jobs in our City. In our current climate, people are relying more and more on online grocery delivery. I have no doubt that Goodfood will experience nothing short of success here in Mississauga,” said Mayor Crombie.

Source: MONTREAL, May 28, 2020 (GLOBE NEWSWIRE) — Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD), a leading online grocery company in Canada.

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