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Article: Galaxy Foods Co. announces new retail supermarket account.
- Article from:
- Business Wire
- Article date:
- April 15, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ORLANDO, Fla.--(BUSINESS WIRE)--April 15, 1996--Galaxy Foods Co. (NASDAQ:GALX) Monday announced that several of the company's retail products will now be sold through Ingles Markets Inc., a leading supermarket chain with operations in six southeastern states.
Headquartered in Ashville, N.C., Ingles operates approximately 190 supermarkets.
Shipments are expected to begin in May and sales to this supermarket chain are expected to reach approximately $500,000 per year.
Angelo S. Morini, the company's chairman and president, stated: "We are very excited about the sharp rise in retail sales since the first of the year. For the first three months of the ...