sur GPO Plus, Inc. (NASDAQ:GPOX)
GPO Plus, Inc. Reports Significant Revenue Growth and Strategic Expansion
GPO Plus, Inc. has announced a remarkable 560% year-over-year revenue growth, reaching $4.35 million in annual sales. The company attributes this success to its AI-powered PRISM+ platform, which optimizes operations for its Direct Store Delivery (DSD) model.
The Las Vegas-based distributor is expanding its market presence by adding new retail locations, including TXB Stores in Texas, and upgrading its warehouse facilities to climate-controlled environments. These changes aim to increase revenue by $3 to $5 million in the coming year.
Furthermore, GPOX is establishing a call center sales team and converting its Mini-Hubs into dual-purpose Cash and Carry locations. These strategic moves are expected to broaden its retail network and enhance product offerings.
The company's goal is to consolidate the fragmented distribution market for convenience stores and gas stations by leveraging its AI-driven capabilities to improve inventory management and delivery efficiency.
R. E.
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