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EG Group is all set to take over 24 Sprint Food’s convenience stores in America

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EG Group and Sprint Food Stores Inc. have signed an asset purchase agreement. The agreement would allow EG Group to take over Sprint Food’s 34 company-operated fuel and convenience stores in South Carolina and Georgia. The Sprint Kitchen firm offers freshly made products, including pizza, fried chicken, and breakfast range. This variety of food would add to EG Group’s existing food portfolio.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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