Planet Organic's Latest California Acquisition Expands
10:34 EST Monday, February 25, 2008
Planet Organic Health Corp. - (TSX Venture Exchange - POH).
EDMONTON, Feb. 25 /PRNewswire-FirstCall/ - Planet Organic Health Corp, Canada's largest natural foods retailer, today announced that construction has started on the New Leaf Community Market location in Half Moon Bay, California.
"This is going to be our flagship store," reports Scott Roseman, President of New Leaf Community Markets. "At 22,000 square feet we will be offering an expanded selection of prepared foods, gourmet cheeses, fine wines, and the best selection of organic fruits and vegetables on the San Mateo County coast." New Leaf is a leading natural foods retailer in Northern California, with five locations in and around the city of Santa Cruz, two of which have licensing agreements with New Leaf to use the name.
Rex Stewart New Leaf VP comments, "We've worked with experienced food store designers putting together a footprint that is customer friendly and that takes our existing look to a whole new level."
Darren Krissie, CFO of Planet Organic said "there were two fundamental reasons why New Leaf was an attractive partner for us. First they have an experienced management team and second they are keen on expanding throughout the west coast with a proven format.
The Half Moon Bay location is scheduled to open in June of this year.
'Good Food, Good for You, Good for the Earth.' That's been Planet Organic's motto for the past 15 years. Planet Organic Markets sell only 100% certified organic produce, all-natural groceries, a healthy deli selection, organic meats, fair trade coffee and chocolates as well as all-natural supplements and personal-care products.
To find our more, please visit: www.planetorganic.ca.
ABOUT PLANET ORGANIC
Planet Organic Health Corp. (TSX-V: POH) is a natural products industry company, comprising manufacturing, distribution and retail. Planet is listed on the TSX Venture Exchange as a Tier One company. Planet operates eight natural food supermarkets throughout Canada under the Planet Organic Market banner and eleven natural food supermarkets in the U.S. under the Mrs Green's Natural Markets banner. The Company also operates 48 natural health outlets under the Sangster's Health Centre banner and seven natural health outlets under the Healthy's banner. Another Planet Organic company, Trophic Canada is the country's leading manufacturer of natural supplements. The Company has a total of 63 stores throughout Canada and 11 in the U.S.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE Planet Organic Health Corp.
For further information: Planet Organic Health Corp., Darren Krissie, VP Corporate Development, CFO, (780) 719-4667; Bob Beaty, The Howard Group Inc., Toll Free: 1-888-221-0915, Info@howardgroupinc.com, www.howardgroupinc.com
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