Rosario Safina, President and CEO of Urbani Holdings, has revealed that the company is on track with its retail expansion phase.
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“This year, some of our largest retail clients have significantly increased the amount of Urbani products sold in their stores. We should just about double our last year’s sales with BJ’s, a leading wholesale club chain in the east,” he added.
According to Safina, Urbani anticipates a five times increase in sales in Costplus World Market, a specialty retailer, and almost a double increase at Kings Supermarkets, a US based entity owned by Marks & Spencer.
“We are excited about the retail growth Urbani is experiencing. Besides the three previously mentioned retail stores, Urbani is witnessing growth in other retail locations as well. We also look forward to further company growth, which we hope to achieve through mergers and acquisitions,” concluded Safina.
Urbani Holdings is one of the largest distributors of truffles and caviar in the US, as well as a distributor of other specialty and gourmet food items. Some of these items include specialty meats and game, mushrooms, infused oils, foie gras and pates, smoked seafoods, prepared condiments and sauces, and European specialties.
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By GlobalData
