Jewett-Cameron Launches MyEcoWorld® Pet Waste Bags In-Store at Tops Friendly Markets in Northeast
Rhea-AI Summary
Jewett-Cameron Trading Company (Nasdaq: JCTC) announces the expansion of MyEcoWorld® Pet Waste Bags into 59 Tops Friendly Markets across the Northeast by late February 2025. This expansion marks a significant milestone for the company's less seasonal product line.
The move responds to increasing consumer demand for environmentally responsible products and growing plastic bans. MyEcoWorld® distinguishes itself through comprehensive certifications, including Silver Ecovadis Certification, Global Recycled Standard, and BPI Certification. The product line includes certified compostable pet waste bags and food waste bags in 3-gallon and 13-gallon sizes.
The expansion aligns with current market trends, as plastic bag bans now cover 25% of the U.S. population, with 12 states implementing statewide bans and over 500 municipalities across 28 states having local plastic ban ordinances.
Positive
- Expansion into 59 Tops Friendly Markets opens new sales channels
- Product line offers recurring sales potential
- Less seasonal revenue stream compared to steel and fence products
- Strategic alignment with growing market demand and plastic ban regulations
Negative
- None.
Insights
The expansion into Tops Friendly Markets marks a pivotal strategic shift for Jewett-Cameron, representing more than just a new retail partnership. This move into grocery retail with MyEcoWorld® demonstrates a sophisticated approach to revenue diversification, transitioning from primarily seasonal products to consumable goods with recurring purchase patterns.
The timing is particularly strategic given the regulatory tailwinds. With 25% of the U.S. population now covered by statewide plastic bag bans (up from 12% in 2020), and over 500 municipalities across 28 states implementing local bans, the market for sustainable alternatives is experiencing unprecedented growth. The Northeast region, where Tops operates, has been particularly progressive in adopting such regulations.
The company's comprehensive certification strategy, including Silver Ecovadis, GRS, and BPI certifications, creates significant barriers to entry and positions MyEcoWorld® as a premium player in a market often criticized for unverified environmental claims. This certification moat is particularly valuable in the grocery sector, where environmentally conscious consumers are increasingly scrutinizing product credentials.
The expansion into Tops' 59 stores represents a test case for broader grocery retail distribution, potentially paving the way for expansion into the chain's remaining 91 locations and other grocery retailers. The recurring nature of pet waste bag purchases, combined with the addition of food waste bags, creates a more predictable revenue stream compared to the company's traditional steel and fence products, potentially reducing seasonal revenue volatility.
- MyEcoWorld® available in 59 Tops Friendly Markets by end of February 2025
- Expansion into grocery is a significant milestone for less seasonal product line for Jewett-Cameron
- Grocery retailers responding to environmentally conscious consumers and growing plastic bans
- Extensive certifications of MyEcoWorld® give consumers confidence that environmental claims are verified
NORTH PLAINS, Ore., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Jewett-Cameron Trading Company Ltd (Nasdaq: JCTC), a company committed to innovative products that enrich outdoor spaces, is excited to announce the expansion of MyEcoWorld® Pet Waste Bags into 59 Tops Friendly Markets across the Northeast starting late February 2025.
Grocery retailers are recognizing the shift in consumer preferences toward environmentally responsible choices, and MyEcoWorld® stands out as a leader in providing certified compostable alternatives. Headquartered in Amherst, New York, Tops Friendly Markets operates 150 full-scale supermarkets in New York, Vermont and Northern Pennsylvania.
“The increasing interest from retailers reflects the strength of our product offerings and our strategic focus on growth sectors aligned with consumer demand for sustainable solutions,” said Mike Siuda, Vice President of Sales and Marketing at Jewett-Cameron. “Our commitment to quality and environmental stewardship supports our retail partners and broader business objectives.”
As the exclusive representative for MyEcoWorld® in the United States and Canada, Jewett-Cameron is proud to bring these innovative products to the growing market of environmentally conscious consumers. According to the “Plastic Bag Bans Work” report by Environment America Research & Policy Center and U.S. PIRG Education Fund (January 2024), plastic bag bans have surged over the past decade, with the percentage of the U.S. population covered by statewide bans rising from
In an industry often criticized for greenwashing, MyEcoWorld® sets a benchmark with its comprehensive certification standards. The brand's commitment to environmental integrity is reflected through a range of globally recognized certifications, including the Silver Ecovadis Certification, the Global Recycled Standard (GRS) for PCR verification, and the BPI Certification, widely regarded as North America's highest standard for compostable products. Alongside pet waste bags made with certified compostable materials, MyEcoWorld® offers 3-gallon and 13-gallon certified compostable food waste bags, designed for effective household food waste management and composting.
Certifications play a pivotal role in today’s sustainability landscape, serving as trusted indicators of environmental performance and authenticity. Unlike unverified environmental claims, certified products undergo rigorous independent testing and evaluation to meet stringent environmental and safety criteria. By holding these prestigious certifications, MyEcoWorld® demonstrates an unwavering commitment to sustainability, offering transparency and fostering trust among consumers, retailers, and investors. This dedication not only helps combat greenwashing but also reinforces the brand’s position as a reliable choice for those seeking genuinely eco-friendly products.
“Not all alternatives to traditional plastic bags are created equal and we are proud to offer a truly sustainable innovative product line that gives consumers an opportunity for environmentally responsible purchases without compromising quality performance,” said Chad Summers, CEO and President of Jewett-Cameron. “This product line opens up new sales channels with a less seasonal product and also offers recurring sales to a different customer base than our steel and fence products customers.”
This retail expansion highlights the growing adoption of MyEcoWorld® and Jewett-Cameron's commitment to delivering innovative, sustainable solutions that replace conventional single-use plastics. This expansion into a major grocery chain represents a significant milestone in the company’s efforts to support a more sustainable future.
About Jewett-Cameron Trading Company
Jewett-Cameron Trading Company Ltd. (Nasdaq: JCTC) is a trusted provider of innovative, high-quality products that enrich outdoor spaces. Jewett-Cameron Company's business consists of the manufacturing and distribution of patented and patent-pending specialty metal and sustainable bag products and the wholesale distribution of wood products. The Company's brands include Lucky Dog® for pet products; Jewett Cameron Fence for brands such as Adjust-A-Gate®, Fit-Right®, Perimeter Patrol®, Euro Fence, Lifetime Steel Post®, and Jewett Cameron Lumber for gates and fencing; MyEcoWorld® for sustainable bag products; and Early Start, Spring Gardner, Greenline®, and Weatherguard for greenhouses. Additional information about the Company and its products can be found on the Company's website at www.jewettcameron.com
About MyEcoWorld®
MyEcoWorld® is a sustainability-focused brand exclusively represented in North America by Jewett-Cameron Company. MyEcoWorld® is dedicated to creating innovative products that make a tangible, positive difference for the planet; MyEcoWorld® empowers consumers to make eco-friendly choices in their daily lives. Our mission is to transform the market with products that balance high performance, affordability, and sustainability, supporting a greener future for generations to come. MyEcoWorld® product lines include compostable bags made with
Forward-looking Statements
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words like “plans”, “expects”, “aims”, “believes”, “projects”, “anticipates”, “intends”, “estimates”, “will”, “should”, “could” and similar expressions in connection with any discussion, expectation, or projection of future operating or financial performance, events or trends. Forward-looking statements are based on management's current expectations and assumptions, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict, including but not limited to, the fact that our business is highly competitive, we are continually seeking ways to expand our business, we may seek additional financing or other ways to expand operations and improve margins, the uncertainties of the Company's new product introductions, the risks of increased competition and technological change, customer concentration risk, supply chain delays, governmental and regulatory risks, as well as the other risk factors that are set forth in more detail in our Annual Report on Form 10-K and other documents filed with the SEC. Actual outcomes and results may differ materially from these expectations and assumptions due to changes in global political, economic, business, competitive, market, regulatory and other factors. We may not actually achieve the goals or plans described in our forward-looking statements, and investors should not place undue reliance on these statements. Any forward-looking statements speak only as of the date on which they are made and we undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise, except as required by law.
Investor Contact
Robert Blum
Lytham Partners
Phone: (602) 889-9700
FAQ
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