The leading plant-based meat producer Beyond Meat (NYSE: BYND) has signed an important partnership with Walmart, one of the world's largest retail chains.
In line with this partnership, Beyond Meat and Walmart aim to increase the sales of certain plant-based meat products at over 2,000 Walmart stores across the United States. This move will allow plant-based alternatives to reach a broader audience.
Immediately following the announcement of the partnership, Beyond Meat's shares recorded an increase of up to 70 percent. This reflects investors' positive expectations regarding the collaboration.
Now, Walmart shelves will also feature popular products such as Beyond Burger 6-Pack, Beyond Chicken Pieces, and Beyond Steak Korean BBQ-Style. This expanded product range offers appealing opportunities for both non-vegans and those adopting a healthy diet.
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