BABYF - E-commerce Trends Shifting in Favor of Companies in the Food and Beverage Industry

Restrictions across the world opened up opportunities for e-commerce food companies to sell their products to an expanding consumer base with most e-commerce brands seeing an increase in sales as consumers shift to shopping for groceries and food items online. Shopping in-store became inconvenient and a health risk, compelling more customers to turn to grocery delivery, takeout delivery, and food subscription services. The consumer trend of buying food, beverages, and related products online is projected to continue, offering a new market for companies. Food and beverage companies such as Else Nutrition (TSXV:BABY) (OTCQX:BABYF), Walmart Inc. (NYSE:WMT), Amazon.com, Inc. ...