Mitch Gould, the founder of NPI, is a third generation retail distribution and manufacturing professional.
Walmart is tripling its monthly orders fulfilled by stores and delivered to customers
— Mitch Gould, founder and CEO of Nutritional Products International
BOCA RATON, FLORIDA, UNITED STATES, March 7, 2023 /EINPresswire.com/ — Walmart, Target and Best Buy are committed to using physical locations as distribution centers to fulfill online orders.
“Retailers realized they didn’t need to build distribution centers like Amazon has done,” said Mitch Gould, founder and CEO of Nutritional Products International, a global brand management company based in Boca Raton, Fl. “Big box retailers use their own stores as distribution centers, allowing them to compete with Amazon’s same day, next day delivery strategy.”
RetailDive.com reported that Walmart fulfills $1 billion in online orders each month, tripling its revenue since 2021.
Target also announced a $100 million investment to expand its “store-based hub strategy,” while Best Buy will use “floor space” in some stores to meet demand for online orders.
Gould said Walmart has 4,648 locations in the United States, while Target has 1,948 stores.
“Walmart and Target have physical locations within driving distance of millions of consumers,” he added. “This shortens the delivery time enormously.”
Gould and his NPI team keep up with the retail news as the company works with health, wellness, sports nutrition and beauty brands looking to expand sales or launch products in the United States.
“I’ve been in retail for over 35 years,” said Gould. “I first represented iconic brands like Igloo and Remington before I started NPI.”
Gould said he realized that product manufacturers often struggled to introduce their products to American consumers.
“The cost of building a sales network was prohibitive, so I developed my ‘Evolution of Distribution’ platform,” he added. “Under the ‘Evolution of Distribution’ system, NPI arranges all the services a company needs to sell its products here.
“NPI provides sales support, marketing campaigns, FDA regulatory guidance and operational expertise,” said Gould. “We emphasize speed to market at an affordable price.”
For more information, visit www.nutricompany.com.
MORE ABOUT NPI AND ITS FOUNDER
NPI is a privately held company specializing in the retail distribution of nutraceuticals, nutritional supplements, functional beverages and skin care products. NPI provides a unique, proven approach for product manufacturers around the world looking to launch or expand distribution of their products in the US retail market.
Mitch Gould, the founder of NPI, is a third generation retail distribution and manufacturing professional. Gould developed the “Evolution of Distribution” platform, which provides national and international product manufacturers with the sales, marketing and product distribution expertise needed to succeed in the largest market in the world: the United States. In the early 2000s, Gould placed major brands and products in Amazon’s new health and wellness category.
Known as a global marketing guru, Gould has also represented icons from the sports and entertainment world such as Steven Seagal, Hulk Hogan, Ronnie Coleman, Roberto Clemente Jr., Chuck Liddell and Wayne Gretzky.
Andrew Polin
InHealth Media
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