iFresh Inc. (IFMK) Research

iFresh Inc. functions as a grocery retailer and wholesaler primarily serving the northeastern United States. The company’s operations are split into Retail and Wholesale divisions, providing an extensive selection of food and related products. Its offerings encompass fresh produce, seafood, meats, and fruits, complemented by a comprehensive assortment of pantry staples. These include snacks, a variety of seasonings and spices (such as peanut oil, cooking wine, vinegar, and chili oil), teas, condiments, canned goods, flour, marine food items, candies, traditional Chinese medicine, health supplements, and dried foods, alongside diverse rice and noodle products. iFresh also supplies frozen vegetables, dumplings, and seafood, as well as cooking utensils. The company manages a portfolio of proprietary brands, prominently featuring Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, and I FRESH. In addition to its own retail and wholesale outlets, iFresh distributes its merchandise to other wholesale stores, supermarkets, and restaurants. As of August 10, 2020, iFresh Inc. oversaw nine retail supermarkets and two internal wholesale enterprises. The company further extends its reach through online sales channels and a delivery network catering to suburban regions. Established in 1995, iFresh Inc. is headquartered in Long Island City, New York.

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