Maison Solutions (NASDAQ:MSS) Signs Consulting Agreement with Four Good Fortune Supermarkets

Monterey Park, CA / January 30, 2025 / Maison Solutions Inc. (NASDAQ: MSS) (“Maison Solutions” or the “Company”), a U.S.-based specialty grocery retailer specializing in traditional Asian and international food and merchandise, has recently entered into a consultancy agreement with four Good Fortune Supermarkets across Massachusetts, New York, Rhode Island, and Virginia. The agreement, effective January 29, 2025, entails a 12-month consulting service provision with an option to extend for an additional 12 months.

Under the terms of the agreement, Maison Solutions will utilize its expertise in supermarket operations and digitalization to enhance operational efficiency, marketing outreach, and overall business growth for each of the four supermarket locations. In return for its services, Maison Solutions is set to receive a total weekly service fee of $25,000, translating to an approximate annual aggregate of $1.3 million.

Specific details outlined in the consultancy agreement cover a range of services, including customized marketing strategies tailored to each location’s market needs, supply chain and distribution support, technology assistance, store setup and expansion planning, as well as training services for staff development.

John Xu, President, Chairman, and Chief Executive Officer of Maison Solutions, commented on the significance of this agreement, expressing the Company’s mission to provide strategic consulting and technological support to assist smaller grocery chains in enhancing their services. Xu highlighted that the agreement represents a crucial milestone post their public listing and emphasized the diverse expertise within the Maison Solutions team.

Maison Solutions Inc. is dedicated to offering traditional Asian food and merchandise to Asian-American communities, prioritizing service delivery while integrating contemporary lifestyle preferences. Since its establishment in 2019, the Company has benefitted from equity interests in multiple Asian supermarkets across California and Arizona, under the brands HK Good Fortune and Lee Lee International Supermarket.

For further information regarding Maison Solutions Inc., please visit the Company’s website directly.

The press release, dated January 30, 2025, was part of the Company’s recent 8-K filing with the Securities and Exchange Commission, disclosing the aforementioned events and agreement with Good Fortune Supermarkets.

Cautionary Note Concerning Forward-Looking Statements: This press release may contain forward-looking statements subject to inherent risks and uncertainties. Maison Solutions undertakes no obligation to update or revise such statements unless required by law.

Investor Relations Contact: Gateway Group, Inc., +1-949-574-3860, [email protected].

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Maison Solutions’s 8K filing here.

About Maison Solutions

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.