iFresh Announces Business Updates Amid COVID-19 Pandemic
iFresh Inc. (IFMK)
US:NASDAQ Investor Relations:
investors.ifreshmarket.com/investor-relations
Company Research
Source: GlobeNewswire
NEW YORK, April 09, 2020 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or the “Company") (Nasdaq: IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that as our communities continue to battle the rapidly evolving pandemic, iFresh is committed to provide the essential grocery shopping services while doing its best to protect the Company’s valued customers and employees. This has resulted in several temporary changes to store closures in some locations and reduced hours in remaining opening stores. To continue fulfilling our customers’ daily needs, iFresh’s online grocery delivery service is now available and has become one of the most popular options during this challenging period. The orders from the Company’s “fresh quick delivery” online grocery platform have been increasing significantly; close to 1,000 orders have been received for the past ten days and an average of $200 dollars per order. The Company is expecting to see steady growth in o
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