GenTech’s Fizzique to be Offered on Leading Supplement Platform Vitacost, a Kroger Company
Retrieved on:
Thursday, October 7, 2021
Vitacost is a major step for Fizzique given its leadership position in the online supplement marketplace, noted Leonard K. Armenta Jr, President of GenTech.
Key Points:
- Vitacost is a major step for Fizzique given its leadership position in the online supplement marketplace, noted Leonard K. Armenta Jr, President of GenTech.
- But the big story here could be the relationship value this represents beyond that step as we eye the potential for eventual Kroger grocery distribution for Fizzique as well.
- This is a unique product that targets an interesting market opportunity with no real competition and strong patent protection.
- Kroger acquired Vitacost in 2014 for $280 million in a deal that provided the grocery giant with fresh exposure to ecommerce and the growing organics, supplement, and functional foods marketplace.