Beverly Hills, California, June 2, 2015 (GLOBE NEWSWIRE) -- 1PM Industries (OTC: OPMZ) announced today its plan to build out retail stores to sell "Nate's Homemade" products. The build out will focus initially in the Southern California area before expanding to other states.
The Company intends to build out stores at 5 locations in Southern California. These 5 locations combined to have over 100 million visitors per year. The model that the Company is creating is similar to the model that Sprinkles Cupcakes has deployed. The Company's goal is to have 3 locations by the end of December 2015 and 8 locations by the end of 2016. The Company's expansion plan includes building retail stores in New York, Chicago, San Francisco, Houston, Atlanta, Scottsdale, Las Vegas and Washington D.C.
The retail store locations provide a number of advantages including, but limited to:
· Product can be demonstrated and tasted prior to purchase
· No competition from similar products
· Interaction with customers
· Higher margins
· Reduction on expenses related to logistics and distribution
· Enhanced customer experience
· Ability to sell food in addition to just cans of product
· Collection of emails and data on customer
The build out of branded retail stores is being done in conjunction with the Company's marketing plan, television commercials and discussions with big box stores. 1PM Industries is the distributor for Nate's Food Co. (OTC: NHMD).
About 1PM Industries.
1PM Industries is a Colorado corporation. The Company's business focus is on direct marketing and infomercials of consumer related products. The Company will initially focus on two areas: (1) health and wellness products that will be branded and marketed under the Company's own brand "NewGenica" and (2) products that the company enters into exclusive on-line distributor agreements with other companies.
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