AeroFarms, a company producing leafy greens using an aeroponic vertical growing system, has expanded the retail availability of its microgreens at Walmart and Stop & Shop in the mid-Atlantic and Northeast regions.
This expansion comes shortly after the company filed for Chapter 11 bankruptcy protection, with plans to minimize disruptions to its core business operations.
Analyst QuickTake: AeroFarms' retail expansion is crucial for the company as it expects to use the cash generated from ongoing operations to sustain its operations throughout the bankruptcy process. As of date, AeroFarms' microgreens are available at leading retailers like Ahold Delhaize, Amazon Fresh , Harris Teeter, H-E-B , The Fresh Market, Walmart, and Whole Foods Market , in addition to being supplied to notable foodservice providers such as Compass Group, Marcus Samuelsson Restaurant Group, and Momofuku Noodle Bar.
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