{"id":456037,"date":"2021-03-11T09:21:03","date_gmt":"2021-03-11T14:21:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456037"},"modified":"2021-03-11T09:21:03","modified_gmt":"2021-03-11T14:21:03","slug":"mitch-gould-of-nutritional-products-international-stimulus-puts-needed-money-into-consumers-hands","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mitch-gould-of-nutritional-products-international-stimulus-puts-needed-money-into-consumers-hands\/","title":{"rendered":"Mitch Gould of Nutritional Products International: Stimulus Puts Needed Money into Consumers’ Hands"},"content":{"rendered":"

\nPassage of $1.9 Trillion Stimulus Package Pushes Stock Market to Record High
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BOCA RATON, FL, March 11, 2021 (GLOBE NEWSWIRE) — The stock market welcomed the news that Congress passed the $1.9 trillion stimulus package that will send millions of consumers $1,400 and lift additional millions out of poverty for the next year.<\/p>\n

With strong public opinion and a stock market in support of the stimulus package, President Biden is expected to sign the administration\u2019s $1.9 Trillion stimulus package Friday now that Congress passed the final version of the bill this week.<\/p>\n

\u201cThe retail industry\u00a0will get another boost from the $1.9 trillion stimulus package that the Brookings Institution says will increase\u00a0GDP to predicted pre-pandemic levels,\u201d said Mitch Gould<\/a>, founder and CEO of the Boca Raton-based Nutritional Products International<\/a>. \u201cWithout it, the Brookings Institution<\/u><\/a>\u00a0said real GDP would \u2018remain below the pre-pandemic level for the next several years.\u2019\u201d<\/p>\n

The Brookings Institution, which is a nonprofit public policy organization, said the economy would \u201cface substantial headwinds\u201d without \u201cadditional federal resources to contain the resurgence of the pandemic and distribute vaccines.\u201d<\/p>\n

The Biden package includes $300-per-week in expanded unemployment benefits through Sept. 6, a $1,400 stimulus check for millions of Americans, an increased child tax credit, additional subsidies for Obamacare, funding for vaccine distribution, money for local governments, and aid for businesses, including restaurants and live venues.<\/p>\n

\u201cThe American economy, especially many sectors in the retail industry,\u00a0showed great resilience during the pandemic,\u201d Gould said. \u201cThe stimulus checks expanded unemployment benefits, and the Paycheck Protection Program all helped Americans during the past 12 months and kept the economy afloat and bounce back.\u201d<\/p>\n

Gould said the latest stimulus package from the Biden administration should keep the country moving forward and help the retail industry by putting needed money into the hands of millions of consumers.<\/p>\n

\u201cWe now have more than 2 million people a day getting vaccinated. We need to get everyone vaccinated to stay ahead of the new variants of COVID-19,\u201d Gould said. \u201cThe stimulus package helps, but beating COVID-19 will be the knockout punch to get us back on track to the pre-pandemic robust economy.\u201d<\/p>\n

Gould\u2019s company, Nutritional Products International, works with domestic and international health and wellness companies seeking to take advantage of the 2021 economic rebound and expand their businesses in the United States.<\/p>\n

\u201cI have talked to dozens of executives in the past six months,\u201d Gould said. \u201cMany of them want to sell their brands in the strongest consumer market in the world. We are laying the groundwork with our clients to take advantage of the business boom that is just around the corner.\u201d<\/p>\n

To help these companies, Gould developed the \u201cEvolution of Distribution\u201d platform that puts all the services a brand needs to sell their products in America.<\/p>\n

\u201cNPI offers sales professionals, marketing services, and other necessary services to its clients,\u201d Gould said. \u201cNPI is a cost-effective, one-stop turnkey process to sell products in the U.S.\u201d<\/p>\n

Gould has assembled a management team with more than seven decades of retail experience.<\/p>\n

In addition to Gould\u2019s 30 years of promoting all categories of consumer goods, NPI\u2019s executive team includes Jeff Fernandez, who has worked as a buyer for Amazon and Walmart, and Kenneth E. Collins, formerly of Glanbia Performance Nutrition and now executive vice president of NPI.<\/p>\n

Gould, Fernandez, and Collins form a \u201cpowerhouse trifecta\u201d of retail experience and knowledge.<\/p>\n

\u201cWe have the experience, we have the knowledge, and we have the contacts to introduce new brands and products to the retail world,\u201d Gould said.<\/p>\n

For more information, visit Nutritional Products International<\/a> online.<\/p>\n

\n MORE ON NPI AND ITS FOUNDER<\/strong>\n <\/p>\n

NPI is a privately held company specializing in the retail distribution of nutraceuticals, dietary supplements, functional beverages, and skincare products. NPI offers a unique, proven approach for product manufacturers worldwide seeking to launch or expand their products’ distribution in the U.S. retail market.<\/p>\n

Mitch Gould, the founder of NPI, is a third-generation retail distribution and manufacturing professional. Gould developed the “Evolution of Distribution” platform, which provides domestic and international product manufacturers with the sales, marketing, and product distribution expertise required to succeed in the world’s largest market \u2014 the United States. Gould, known as a global marketing guru, also has represented icons from the sports and entertainment worlds such as Steven Seagal, Hulk Hogan, Ronnie Coleman, Roberto Clemente Jr., Chuck Liddell, and Wayne Gretzky.<\/p>\n

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