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MONTEREY PARK, CA / ACCESSWIRE / October 28, 2024 / Maison Solutions Inc. (NASDAQ:MSS) ("Maison Solutions" or the "Company"), a U.S.-based specialty grocery retailer offering traditional Asian and international food and merchandise, announced it has completed the renovation of its El Monte store.
The El Monte store is the first in a planned series of renovations across multiple HK Good Fortune locations. Following its renovation, the store saw a significant improvement in sales. The renovated store will serve as a warehouse store, offering discounts for bulk purchases while providing a more modern shopping experience for customers.
Key improvements from the renovation include:
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Operating as a warehouse store, offering customers bulk purchasing options for lower prices.
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Updated SKUs to feature more in-demand products at competitive prices.
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Introduction of an updated store logo and visual identity system, which will be adopted by the Company's other HK Good Fortune locations to enhance brand awareness.
Management Commentary
"I am pleased to announce the anticipated renovation and relaunch of our El Monte store," said John Xu, President, Chairman and Chief Executive Officer of Maison Solutions. "One of our primary initiatives since going public has been store renovations, and the El Monte location marks the first of several planned upgrades. Following the renovation, there has been a substantial improvement in sales, a trend we hope will continue to persist. We look forward to renovating our other locations and expect to see similar benefits of higher foot traffic and increased sales."
About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse makeup of the communities in which the Company operates. Since its formation in 2019, the Company has acquired equity interests in four traditional Asian supermarkets in the Los Angeles, California area, operating under the brand name HK Good Fortune, and three supermarkets in the Phoenix and Tucson, Arizona metro areas, operating under the brand name Lee Lee International Supermarket. Maison Solutions owns 91.67% of the equity interests in Super HK of El Monte, Inc., a California corporation, which owns the El Monte store. To learn more about Maison Solutions, please visit the Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn and X.