Food-focused group buy enters Toronto market

4/1/2011

Foodscrooge.com, billed as Canada’s first food group buying website, has launched in eight markets across the Greater Toronto Area, with the aim of helping consumers beat inflated food prices.

“It’s a win-win for all of Foodscrooge’s partners,” said Michael Pugliese, CEO of Michelangelo’s. “We will profit from increased in-store sales and foot traffic, local food manufacturers will be able to reach more customers and consumers will benefit from discounts of 40% to 80% below retail prices.”

Foodscrooge.com has partnered with independent grocery retailers in the GTA to facilitate order pick-ups and will feature five to seven different high-value food products per week, ranging from frozen mea and seafood to all natural pasta.

"FoodScrooge acts as a loss mitigation partner to sell product that for one reason or another was over produced. All of the product we offer is on a spot opportunity basis," said Tim Ray, founder & CEO,
Foodscrooge Inc.

Retail partners include: Michael-Angelo's, Bruno's Fine Foods, Sun Valley Fine Foods, The Butchers, The Village Butcher, Concord Food Centre and Oakridge Food Market.

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