HCMC announced the acquisition of Mother Earth’s Storehouse, an organic and natural health food and vitamin chain in New York’s Hudson Valley on 10th Feb.
Billed as the Hudson Valley’s premier natural foods stores, Mother Earth’s have previously been voted best in the Hudson Valley by Hudson Valley Magazine. The two stores offer organic and all-natural products and vitamins from local sources. The Kingston location also offers Mother Earth’s Café and Deli, as well as an onsite bakery. In showing its care and commitment to the community, Mother Earth’s Storehouse offers special times for curbside customer pickup, as well as special hours of shopping for seniors and those at risk. As part of the acquisition, HCMC purchased the historic building that houses the Saugerties store.
Jeffrey Holman, CEO of HCMC made this statement regarding the acquisition, “Mother Earth’s Storehouse is a major step forward in our growth initiatives, and based upon past performance, we believe this addition should roughly double HCMC’s top-line revenue on an annualized basis.”
Mr Holman continued, “We are thrilled with this addition to HCMC, which expands upon our Ada’s and Paradise-branded stores in Fort Myers and Melbourne, Florida, respectively. There are certainly synergies between the chains upon which we intend to capitalize. For example, the additional purchasing power that naturally comes along with doubling the size of our orders should result in improved margins, potentially leading to better bottom-line results across the board.”
Mr Holman concluded, “We are looking forward to continuing the 40 plus year tradition of Mother Earth’s Storehouse in providing the Hudson Valley community with the best health food at competitive pricing, coupled with a knowledgeable and inviting staff, all existing hallmarks of HCMC. As always, I wish to thank our loyal and valued shareholders for their support, and I could not be happier to see another of our growth initiatives come to fruition.”
About Healthier Choices Management Corp
Healthier Choices Management Corp. is a holding company focused on providing consumers with healthier daily choices concerning nutrition and other lifestyle alternatives.
Through its wholly-owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio.
Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items
Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, Mother Earth’s Storehouse, a two-store organic and health food and vitamin chain in New York’s Hudson Valley, has been in existence for over 40 years.
Through its wholly-owned subsidiary, Healthy Choice Wellness, LLC, the Company operates:
Healthy Choice Wellness Center (Roslyn Heights, NY) is a corporately owned IV therapy centre offering multiple IV drip “cocktails” for clients to choose from. These cocktails are designed to help boost immunity, fight fatigue and stress, reduce inflammation, enhance weight loss, and efficiently deliver anti-oxidants and anti-ageing mixes. Additionally, there are cocktails for health, beauty and re-hydration.
The Company also has a licensing agreement for a Healthy Choice Wellness Center at the Casbah Spa and Salon in Fort Lauderdale, FL, offering essentially the same services as the Roslyn Heights, NY location.
Through its wholly-owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty and personal care products on its website www.TheVitaminStore.com.
Additionally, the Company markets its patented Q-Unit™ and Q-Cup® technology.
