AMC Significantly Expands The Availability Of Its Grocery Store Popcorn Through The Addition Of Publix And Kroger Stores, And Amazon.com
Portfolio Pulse from Benzinga Newsdesk
AMC Theatres announced the expansion of its grocery store popcorn distribution to include Publix, Kroger, and Amazon.com, more than doubling its retail outlets. This move comes after a successful nationwide rollout to over 2,700 Walmart stores. The expansion includes AMC Theatres Microwave Popcorn and Ready-To-Eat Popcorn varieties, now available in several flavors at these new retail locations and online. The decision is based on strong consumer demand for AMC's popcorn products.
March 11, 2024 | 5:10 pm
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AMC Theatres expands its grocery store popcorn distribution to Publix, Kroger, and Amazon.com, significantly increasing its retail presence.
The expansion of AMC's popcorn distribution to major retailers like Publix, Kroger, and Amazon.com is a significant move that could increase revenue streams from consumer products. Given the positive consumer response and the strategic partnerships with major retailers, this expansion is likely to have a positive short-term impact on AMC's stock price. The move demonstrates AMC's ability to leverage its brand beyond movie theaters and tap into the retail and online shopping markets.
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