Thursday, 19 June 2008

Planet Organic in Special National Post Section


Planet Organic Health Corporation (TSX:V-POH)
Basic Shares: 33.1 million
Fully Diluted: 38.2 million

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Planet Organic was the only cross-country organic retailer featured in a June 19th special section in the National Post newspaper on everything green.
The section dealt with new developments in everything from green cars, to green condos and organic foods.
The national newspaper quoted statistics showing organic food sales increased 28% from 2005 to 2006, compared to a 2% to 4% growth in standard grocery sales.
It then wrote about Planet Organic's explosive growth from $1.6 million in sales seven years ago to $60 million in its nine organic retail stores located across the country.
The feature also dealt with standard grocery chains beefing up their organic food sections and the article described how that helps pure organic retailers like Planet by increasing overall consumer demand for wholesome organic and natural foods.
To view the full National Post story, please click here.