Canadian online grocer Grocery Gateway has said it expects to be profitable “in months and not years”, helped by a boost in sales from recent deals with Sobeys and Home Depot.
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The Toronto-based retailer has recently made deals to sell Sobeys private-label brands and Home Depot products via its website. The Sobeys deal allows Grocery Gateway to sell around 1,500 Sobeys products under the Smart Choice and Our Compliments brand names.
The company’s revenues are growing at around 30% year-on-year, according to general manager John Mozas and Grocery Gateway predicts it will be profitable soon, reported the Kitchener-Waterloo Record.
