Spence & Co. lands deals with BJ’s, Costco
Listed Alliance Select Foods International Inc. said its U.S.-based subsidiary Spence and Co., a smoked salmon processer, bagged contracts to supply its products to two U.S.-based warehouse retailers.
Alliance Select told the Philippine Stock Exchange yesterday that Spence and Co. has been chosen to supply the entire Wellsley Farm’s smoked salmon product line to be sold in BJ’s club stores. BJ’s is a membership warehouse retailer with 190 locations in the U.S. East Coast.
It added that Spence and Co. will also sell products in the Northwest division of Costco, considered the largest membership retail chain in North America with about 592 locations in the U.S. and Mexico.
Alliance Select shares jumped 8.66 percent on Thursday’s close.