Planet Organic Opens Its Largest Canadian Store
Monday March 17, 9:00 am ET
(TSX Venture Exchange - POH)
EDMONTON, March 17 /CNW/ - PLANET ORGANIC MARKET, Canada's leading natural and organic products retailer, is pleased to announce the opening of a new store in Vaughan, Ontario.
At 13,400 square feet, it will be the largest Planet Organic store in Canada.
This will be the second Planet Organic store in the Greater Toronto Area (GTA), following the opening of the Port Credit store one year ago.
The Vaughan store is located in a new shopping centre complex on the borders of the densely populated communities of Vaughan and Richmond Hill, which are located in the northwest region of the GTA.
Planet Organic Market is a subsidiary of Planet Organic Health Corp., which owns other organic/natural retail and manufacturing subsidiaries in Canada and the United States.
Darren Krissie, VP of Corporate Development and CFO of Planet Organic Health Corp. says, "the network of Planet Organic stores across Canada and those subsidiaries operating under different banners in the United States will grow through expansions, like this brand new store in the Toronto area, and through acquisitions."
"This will be our ninth Planet Organic Market store in Canada and this store opening follows on the heels of the pending acquisition of the chain of stores in Santa Cruz, California, which was announced Feb. 19th."
Mr. Krissie added that the growth will help Planet Organic Health Corp achieve its projected revenue for the fiscal year ending June 30th of roughly $100 million.
Keri Corail, Customer Service Manager, says Toronto-area customers will now have one-stop shopping for all their organic and natural product needs. "Our staff is knowledgeable and passionate about organic products. Customers will be treated to a refreshing, upbeat store experience".
Customers can visit the newly opened Vaughan store and take advantage of special grand opening offers.
About Planet Organic Market
Planet Organic Market operates natural food supermarkets in Edmonton, Victoria, Calgary, Port Coquitlam, Halifax and the two Greater Toronto Area stores. Planet Organic Market sells only 100% certified organic produce, all-natural groceries, healthy deli selections, organic meats and fair trade coffee in addition to all-natural supplements, and body care products. We just say no to trans fats, preservatives, food colouring and artificial flavours. Log onto www.planetorganic.ca to learn more.
About Planet Organic Health Corp.
Planet Organic Health Corp. (TSX-V: POH - News), is a natural products industry company, comprising manufacturing, distribution and retail. Recognized as one of the Top 50 Companies on the TSX Venture Exchange, where it is listed as a Tier One company, Planet operates nine natural food supermarkets throughout Canada under the Planet Organic Market banner. The company also operates 48 natural health outlets under the Sangster's Health Centre banner, 2 natural health outlets under the Planet Organic Living banner and 5 natural health outlets under the Healthy's banner. Another POHC company, Trophic Canada is the country's leading manufacturer of natural supplements. The Company has a total of 64 stores throughout the country.
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