Like most success stories, there were humble beginnings at Altius. Walmart Canada began working with the Canadian supplier in 2005, when they were a smaller company selling spices and ramen noodles.
Bloom says he and his business partners saw the potential in Altius and went “all in” to purchase the company in 2012. But before doing so, he reached out to their largest client, Walmart Canada, to see how they could grow the business together.
“Any company that stands still is waiting to fail,” Bloom asserted.
“We saw a strong local collaboration with growth potential,” said Gary Cabral, director of core grocery at Walmart Canada.
In the years that followed, Altius began disrupting the spice market. Sales more than doubled and they quickly grew from 50 to 60 employees to approximately 150 today in the Montreal area, according to Bloom.
“Walmart showed good faith to a small Canadian manufacturer,” Bloom acknowledged. “We probably would not have existed if not for the support Walmart showed at that time.”
“We share common values – we put the customer first,” Walmart Canada senior category manager Ivo Petroff said. “We build our strategies and businesses around our customer’s needs. This is the major driver for all success.”