Summary
- Rritual Superfoods has announced that Kroger, the top grocer in the US, has invited the Company to its Natural & Organic Innovation Summit.
- The focussed summit would offer Rritual an exclusive opportunity to meet with top buyers directly.
- Rritual will also have the option to share in-depth information on its product characteristics and benefits at the summit.
In what would help Rritual Superfoods’ (RSF:CSE) directly interact with top buyers, the Company highlighted that it would participate in the Kroger Natural & Organic Innovation Summit.
The Kroger Natural & Organic Innovation Summit, which will be held by the leading American grocer, Kroger, is an exclusive event where ~65 buyers will have a one-on-one interaction with selected brands including Rritual Superfoods. In this event, RSF’s sales team will have the opportunity to share in-depth information on product characteristics and benefits. Furthermore, the Company will also discuss its growing superfoods category.
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Rritual Superfoods’ proprietary Immune-Synergy Six Mushroom Blend is the only functional health product available in the market that consists of a daily prebiotic blend for nourishing a healthy gut microbiome and facilitating the balanced digestive function.
Pleased with the latest development, David Kerbel, CEO and Director of Rritual Superfoods, commented-
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Kroger in a nutshell
- The Kroger Co. (NYSE:KR) operates supermarkets and convenience stores and is one of the leading grocers in the US.
- The retailer operates over 2,700 grocery retail stores and serves approximately 11 million consumers per day.
- Kroger is the only prominent US supermarket player operating an economical three-tier distribution system.
- The Ohio-headquartered Company also operates 35 food manufacturing facilities developing high-quality private-label products.
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Rritual’s journey in July
Rritual’s imminent participation in Kroger summit is just the latest in a series of developments made by the superfoods firm this month. Rritual has grabbed considerable attention on the back of key updates in July, which are highlighted below:
- Rritual issued a letter to its shareholders highlighting its key developments, advancements, and increased retail targets for future expansion.
- The Company completed testing on the first batch of its new superfood mushroom latte blend formulations, integrating plant-based collagen enhancers.
- Rritual Superfoods appointed Tinuiti Digital Agency for maximising its brand awareness. The proprietary technology, as well as Tinuiti’s vast experience, is expected to benefit the Company.
- The Company successfully uplisted from the OTC Pink Sheets to the OTCQB and commenced trading on the OTCQB under "RRSFF" symbol.
ALSO READ: Rritual Superfoods apprises shareholders of its key developments and aggressive targets
On 29 July 2021, RSF shares ended the trading session at CA$0.60.