【dielectric oil for sump pump】Goodfood’s Strong Growth Continues as Its Active Subscribers Count Increases 33% to Reach 306,000

MONTREAL,dielectric oil for sump pump Dec. 03, 2020 (GLOBE NEWSWIRE) --

Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD), a leading online grocery company in Canada, announced today it has reached 306,000 active subscribers with the addition of 26,000 net new active subscribers in the first quarter of Fiscal 2021. This represents an increase of 33% compared to the same period last year, highlighting Goodfood’s continued strong investment in growth as it further penetrates the Canadian e-commerce grocery and meal solutions markets.

“We are thrilled with our continued growth achieved on a significantly larger member base, which confirms Goodfood’s leadership in the market and strong status among Canadian consumers,” said Jonathan Ferrari, Chief Executive Officer of Goodfood. “This subscriber growth was driven by multiple effective strategies including the scheduled ramp-up of our targeted marketing campaigns during the important back to school period and Black Friday, in addition to important marketing investments promoting new services such as Goodfood WOW and Goodfood’s expanded grocery basket. There is an extraordinarily strong growth opportunity ahead of us in the accelerating e-commerce grocery and meal solutions industry and it is crucial for Goodfood to capitalize on this opportunity and continue to further penetrate the market. We have once more demonstrated our ability to do so this quarter with the addition of 26,000