Maison Solutions Inc. Enters into Agreement to Divest San Gabriel and Monrovia Store Operations as Part of Strategic Realignment Toward Operational Efficiency and AI-Enabled GrowthMONTEREY PARK, CA / ACCESS Newswire / July 3, 2026 / Maison Solutions Inc. (Nasdaq:MSS) ("Maison Solutions" or the "Company"), a specialty grocery retailer offering traditional Asian food and merchandise to U.S. consumers, today announced that its subsidiaries have entered into an asset purchase agreement to divest the assets and operations of the Company's San Gabriel and Monrovia store locations for an aggregate purchase price of $4.5 million, excluding inventory, which will be purchased separately pursuant to inventory purchase agreements. The closing of the transaction is expected to occur on or before December 31, 2026, subject to the terms and conditions of the Asset Purchase Agreement. The transaction is part of the Company's ongoing strategic realignment to reduce exposure to underperforming store-level operations, improve operating efficiency, strengthen its cash-flow profile, and focus management resources on higher-value opportunities in food retail, supply chain operations, and technology-enabled growth.
