A $ 500 million round of financing, which the company closed in March, is driving sales growth and time to expand its product line and geographic presence at home and abroad.
Part of this money supports the creation of the company in stores such as Albertsons, Jewel-Osco, Pavilions, Safeway and Vons.
Overall, the Wegmans announced that it will be available in nearly 1,000 supermarkets tomorrow. This includes all of the Albertsons, Vons, Pavilions and Gelson markets in Southern California. all Safeway stores in Northern California and Nevada; Juwel Osco stores in Chicago, eastern Iowa, and northwest Indiana; Wegman’s East Coast shops and street markets in and around New York.
Since its debut in September, the company has declared it the best-selling product on the east and west coast.
The company’s 12-ounce packages sell for $ 8.99 and $ 9.99, and the Impossible Burger will soon be available in more stores across the country.
We always believe business to grow exponentially in 2020, but as more Americans eat at home, we receive requests from retailers and consumers, said Dennis Woodside, president of Impossible Foods. in a press release Our current retail partners have had record sales of Impossible Burger in the past few weeks, and we are moving as quickly as possible to expand to retailers all over the country.
Even when the company announced its MyWegmansConnect expansion, it was taking steps to address consumer concerns about the processes implemented at its manufacturing facilities.
Impossible Foods noted that mandatory budget work was introduced for all employees who can communicate. Visitors are limited to their facilities and those operated by MyWegmansConnect co-manufacturers. prohibits all business travel, and introduces new disinfection and disinfection processes to their workplaces.
The company announced that it would continue its research and development initiatives. Acceleration of the ramp of its production facilities; And they continue to market their impossible sausages and pork products.