TL;DR
Freshii has announced a partnership with Walmart Canada to offer packaged to-go meals. The Toronto-based healthy-food franchise reported a net loss of $483,000 for Q4, but total revenue increased to $5.65 million.
The Toronto-based healthy-food franchise Freshii announced that it will be partnering with several Walmart Canada locations “in its first partnership with a major grocer,” according to an article in Financial Post.
The brand reported a net loss of $483,000 for Q4, the article said. However, in terms of year-over-year earnings, “Freshii says total revenue, which includes its franchised shops and its company-owned stores, totalled [sic] $5.65 million for the quarter, up from $4.85 million a year earlier,” according to the article.
Fast-casual Freshii offers burritos, wraps, bowls, smoothies and frozen yogurt. The partnership with Walmart will rely on packaged to-go meals, the article said.
In this story
This story was originally published in 1851 Franchise on February 25, 2019. Burnaze summarizes and links to the original reporting.
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