other material
confidence high
sentiment positive
materiality 0.50
Maison Solutions signs consultancy agreement with 4 Good Fortune Supermarkets for $1.3M/year
Maison Solutions Inc.
- 12-month deal with option to extend another 12 months; weekly fee of $25,000 = $1.3M annually.
- Services include marketing, supply chain/digital tech support, store setup/expansion, and staff training.
- Agreement covers four stores in Massachusetts, New York, Rhode Island, and Virginia.
- CEO John Xu says deal strengthens balance sheet and funds future expansion and acquisitions.