At Grand Market International Corp, we believe that strong partnerships, a shared vision, and a commitment to continuous innovation are the foundations of lasting success. Today, we stand at a pivotal moment in our journey—poised to expand our impact and reach on a broader scale.
From opening new stores to building a robust distribution network and launching our own manufacturing capabilities, we are dedicated to delivering excellence in everything we do. Putting our customers, employees, and communities at the heart of every decision, we aim to build a stronger, more connected, and compassionate future. With a clear vision and an exceptional team, we are ready to transform today’s ambitions into tomorrow’s achievements.
Thank you for being a part of this journey. I look forward to the future we will create—together.
Edward Shnayder Chief Executive Officer, GMI Corp.
‘‘ How We Started
There was a small Russian deli called Ukraina on our corner that had recently gone up for sale. Seeing an opportunity, my father decided to take a chance and purchase it,” recalled his son Edward, who is now the CEO.
Founded in a modest Brooklyn storefront by Sam and Edward Shnayder, a father-and-son team from the former U.S.S.R., NetCost Market and its evolution into Grand Market International Corp. have been a family affair from day one.
After securing a small apartment in the Bensonhurst neighborhood of Brooklyn, Mr. Shnayder sensed opportunity in the growing influx of newly immigrated people from the former Soviet Republics and Eastern Europe settling in the area.
Sam and Edward's entrepreneurial spirit sparked the beginning of a business that has since grown beyond their wildest expectations.
The roots of the business date back to 1991, when Sam arrived in New York with only $300 in his pocket and his young family by his side.
Who We Are Today
An ambitious international food service network of importers, distributors, and specialty food stores with Brooklyn roots, Grand Market International Corp. proves that the American dream is not just alive but thriving.
Since its early days as a small, family-run seafood business, GMI Corp.'s mission has been to deliver authentic flavors of home to diverse local communities,
along with a high-end shopping experience that always puts quality and value first.
Leveraging GMI Corp's Manufacturing Capabilities, NetCost Market's retail chain, GMI Trading's warehousing, transport logistic we have become the ultimate full-service importer and distributor, manufacturer, and seller.
In 2024, Grand Market International Corp. teamed up with Canada’s S&F and Europe’s Dovgan to launch the Global Food Alliance, uniting our sourcing, production and logistics networks across the U.S., Canada and Europe. This powerful integration makes us a trusted, efficient partner for everyone from local specialty grocers to multinational retailers—and gives vendors seamless access to new and growing markets.
Integrated sourcing, production, and logistics network.
GLOBAL FOOD ALLIANCE
25 YEARS
Of steady growth and smart expansion
45,000+
European specialty items
1000+
Active distribution and sales clients being served in the US by GMI Corp.
13 STORES
We’ve opened 13 locations in New York, New Jersey, Pennsylvania and Florida
Our Team Today
EDWARD SHNAYDER
CEO and Founder
The son of founder Sam Shnayder, and one of the company's original partners, CEO Eduard Shnayder has crafted an innovative vision for Grand Market International Corp. as a modern multi-cultural market and has led the company through 30 years of incredible growth.
STEVE WEISSMAN CFO
Steve Weissman joined the company in 2021. Born and raised in New York City, Steve earned a Bachelor of Science degree from Syracuse University, majoring in accounting. Steve brings 20+ years of experience in the restaurant industry, having been CFO to several of the most iconic restaurateurs in Manhattan. Before this, Steve enjoyed a lengthy career in the commercial real estate industry.
ANGELINA KHRISTICHENKO
EVP of Operations
Angelina Khristichenko joined NetCost Market in 2002 and has over 20 years of retail operations experience. As Executive Vice President of Operations, she excels in launching online and offline retail projects, ensuring seamless execution. Her strong leadership skills and ability to build high-performing teams have significantly contributed to the company's growth and efficiency.
ARTEM BAICHOROV
EVP Business Development
25 years in Retail, Distributor Operations, Category Management, and Marketing. 15 years with P&G and Pepsi Co. with first-hand experience running categories and imports for 2600+ stores retail chain. Joined Grand Market International Corp. in 2021.
Unlocking a $65B Market Opportunity
Multi-cultural consumers are changing the face of the grocery industry and European citizens make up the thirdlargest foreign-born ethnic audience in the United States.
The potential size of the specialty food market that services European individuals in the U.S. is over $65B dollars, with expected market growth of over 5-7% in the next three years.
However, not only European have developed a taste for pastrami-smoked salmon, salami, freshly baked bread, Italian cheese and homemade pies. While honoring our loyal European customer base, Grand Market International Corp. is laying the foundation for future growth by attracting new customer segments seeking high-quality foods and unique culinary experiences.
Meeting Nationwide Demand
The new store opened in 2024, and the expansion across Florida is ongoing. NetCost Market’s
Our products are in high demand across the United States, driven by the presence of vibrant European communities in nearly every state. Today, Grand Market International Corp. proudly serves the majority of U.S. states through our nationwide distribution and wholesale services.
To meet growing market demand, we are actively expanding our network of distribution centers and opening new NetCost Market stores in key regions across the country. This strategic growth ensures that more customers, wherever they are, have access to the high-quality international foods they know and love, or are eager to discover.
NetCost Market Today
Today, NetCost Market operates 13 stores across four states — New York, New Jersey, Pennsylvania, and Florida — offering the optimal store format to meet the demographic requirements of each market.
> 15,000 8,000 - 15,000 6,000 - 8,000
Sq. Ft. Selling Floor Space Sq. Ft. Selling Space Sq. Ft. Selling Space
HYPERMARKET SUPERMARKET ESSENTIAL E-COMMERCE
• Service Departments
• Kitchen and Prepared Food
• Expanded Gourmanoff Corner
• Caviar Boutique
• Café Shop
• Additional Services: Flower Store, Mail Office, Pharmacy, Etc.
• Service Departments
• Kitchen and Prepared Food
• Basic Gourmanoff Corner & Bakery
• Can have additional Service, if space permits
• Service Departments
• Limited Kitchen, more prepacked
• Basic Gourmanoff Corner & Bakery
• Order Online/In App and We Deliver
• Order Online/In App and Pick Up at the Store
• Delivery Services in Select Locations
Our Stores, Our People, Our Customers
OUR STORES
With on-site bakeries, butchers, fish departments, and a large variety of farm fresh produce and prepared foods, our stores bring an array of first-class international fare to communities representing every corner of the world, including Europe, Asia, and Latin America.
OUR WORKERS
At NetCost Market, loyalty isn’t just a buzzword. Over 20% of our employees have been with the company for more than 10 years, bringing tremendous institutional knowledge and pride to their work. We are committed to investing in our associates’ growth through ongoing training and development programs, while also supporting their families and wellbeing—because when our people thrive, our company thrives.
OUR CUSTOMERS
A significant portion of our customer base has European roots. We strategically open our stores in areas with a strong presence of Eastern European residents. Our audience primarily consists of singles and couples without children (45%), empty-nest singles and couples (42%), and families (13%).
Additionally, over 69% of these households have an above-average income.
What Sets NetCost Market Apart
At NetCost Market, we recognize that a supermarket is more than just a place to shop.
Our unwavering focus on understanding and meeting the needs and desires of our customers has enabled us to cultivate exceptional client loyalty and develop a highly efficient business model. NetCost Market stores have become true destination points for many shoppers, with some customers regularly traveling 40 to 60 minutes to enjoy their favorite culinary delights, freshly baked bread, and authentic delicatessen offerings.
This speaks not only to the quality and uniqueness of our products but also to the deep emotional connection we’ve built with our audience through cultural familiarity, exceptional service, and a curated international assortment they can’t find anywhere else.
Our expanding e-commerce presence enhances the shopping experience for our customers by providing the convenience of online shopping and home delivery.
NetCost Market serves diverse, foodcurious communities by offering everyday essentials alongside more than 35,000 specialty SKUs—including artisan baked goods, fresh produce, and imported delicacies like caviar and smoked fish— across 13 stores, with plans for nationwide expansion.
In response to growing demand for healthier, ready-made meals, we’ve expanded our kitchen operations to offer freshly prepared options daily, from simple roasted chicken to traditional European dishes like French Onion Soup, Borsch, Pasta Bolognese, Greek or Olivier Salads.
We’ve always seen ourselves as committed partners to the communities we serve—building strong, lasting relationships through loyalty programs, special pricing for seniors, and active participation in local initiatives that help us stay deeply connected to each neighborhood we operate in.
Our Profit Story
At NetCost Market our profit outpaces the industry standard.
With over 30,000 European specialty items not found elsewhere and an expansive line of private-brand exclusive products, NetCost Market can produce a higher margin than the grocery industry average.
Outperforming the Industry in Sales per sq. ft.
The average sales per square foot at most NetCost Market locations is 1.5 times higher than the industry average – and growing.
550+ containers enters the year with specialty products
4,600 SKUs sourced from around the world
135,000 ft2
Advanced storage facility with frozen, refrigeration, dry, and chill sections
GMI Trading - Food Is Our Business
With 40 years of industry experience, GMI Trading has refined their product portfolios to specialize in the import and distribution of smoked meats and fish, confections and snacks, homemade salads and pickles, beverages, dairy, and grocery items from around the world.
Over the years, GMI Trading has cultivated an extensive and reliable network of global vendors, suppliers, and freight forwarders.
Multiple strategic acquisitions have allowed for a significant expansion of their product distribution capabilities, enabling them to meet the growing demands of their nationwide customer base more effectively.
• Latvia
• Lithuania
• Belarus
• Ukraine
• Moldova
• Poland
• Bulgaria
• Russia
• France
• Germany
• Spain
• Italy
• Norway • Iceland • Canada
GMI Trading oversee a global network of vendors and international freight forwarders, with products sourced from diverse countries including:
• Brazil
• Georgia
• Azerbaijan
• Uzbekistan
• Turkey
• Israel
• China
• India
• Sri Lanka
NORWAY
RUSSIAN FEDERATION
LITHUANIA
TURKEY
GEORGIA
AZERBAIJAN
UZBEKISTAN
ISRAEL
BULGARIA
UKRAINE BELARUS MOLDOVA GERMANY
BRAZIL
INDIA CHINA
RUSSIA
GMI Trading currently serves customers across most of the continental United States, Alaska, Canada, and Latin American countries. Since 2024, GMI Trading has been actively expanding into the European market by leveraging the strength of the Global Food Alliance.
The company has over 1000+ active customers, comprised of full-service distributors, major Regional Retail Chains, Independent Supermarkets and European Ethnic Stores.
Expanding GMI Trading Categories
With a portfolio of over 4,600+ international specialty products sourced from around the globe—many of which are exclusive to our lineup— we now offer an unmatched selection across 12 key grocery categories. Our distribution includes a diverse range of products under renowned European labels, as well as proprietary Americanized brands, catering to a broad consumer base.
Continuously striving for growth, our management remains committed to identifying and introducing new, high-potential products to further enhance the GMI Trading portfolio.
DELI MEAT
FISH DAIRY
Private Labels: Driving Value and Differentiation
At GMI Trading, we are actively developing our private label brands across various categories to meet the needs of our customers and introduce innovative products.
By carefully selecting the most in-demand categories and items, we ensure that our private labels offer high-quality, unique, and affordable alternatives.
Private label development is a key strategic focus, allowing us to differentiate our offerings, strengthen customer loyalty, and enhance profitability.
It also provides us with greater control over product quality, sourcing, and pricing, ensuring a competitive edge in the market.
Our Exclusive Lines
GMI Trading is dedicated to introducing renowned international products to the U.S. market through exclusive distribution agreements—either nationwide or regionally. This strategic model strengthens long-term brand equity while minimizing the risk of price erosion often caused by market saturation from multiple importers.
As an exclusive partner, GMI Trading assumes full responsibility for ensuring compliance with all FDA and USDA regulations on behalf of its brands. Beyond logistics and compliance, we actively invest in nationwide marketing campaigns to drive brand awareness and consumer demand. By participating in major trade shows across the country, GMI Trading proudly showcases its exclusive partners and remains committed to bringing international brands into the mainstream, securing placement on the shelves of national retail chains.
Building a Strong Future Through Own Manufacturing
At GMI Corp., we view our own food manufacturing as a strategic priority, essential for shaping a sustainable and competitive future.
As both a wholesaler and retailer, having in-house production allows us to maintain full control over quality, ensure consistency, and respond swiftly to market demands.
It enables us to offer customers fresher, more authentic products while optimizing costs and supply chain efficiency.
GMI Corp. has already established its own manufacturing of premium caviar, smoked meats, dried fruits and nuts, frozen meat products, pickled vegetables, and fresh salads.
Our commitment to excellence is reflected in every product we create.
We focus on the highest production standards, clean ingredients, and rigorous quality control to deliver exceptional food products that meet and exceed consumer expectations.
At the same time, we are dedicated to fostering longterm strategic partnerships, collaborating with trusted suppliers, and ensuring that our production facilities are among the best places to work.
We uphold fair working conditions, valuing and respecting every employee who contributes to our shared success.
Looking ahead, we are committed to further expanding our production capabilities, creating a strong foundation for our enterprise, and continuously enhancing the value we bring to our customers and partners.
Global Food Alliance
In 2024, Grand Market International Corp. formed a strategic alliance with Canada’s S&F and Europe’s Dovgan to establish the Global Food Alliance (GFA). Leveraging our combined heritage, expertise, and market presence, the GFA opens seamless access for vendors and customers across Europe, Canada, and the United States. By uniting our sourcing capabilities, advanced storage facilities, and end-to-end transport logistics, the GFA delivers unmatched reliability and efficiency. From local specialty grocers to multinational retail chains, our partners enjoy uninterrupted supply, superior product quality, and highly competitive pricing—all backed by the collective strength of three industry leaders.
Beyond distribution, the GFA is a hub of innovation. Our member teams collaborate to design next-generation product portfolios, refine brand strategies, and adopt best practices that streamline operations and accelerate digital transformation. Together, we are shaping the future of global food production and distribution—providing inspired solutions that nourish communities and drive sustainable growth worldwide.
Connecting Markets, Empowering Growth
GMI Corp. customers now benefit from access to our full range of capabilities and strategic opportunities
Community Responsibilities
In recognition of NetCost Market’s continual contribution to the communities of Brooklyn, then Brooklyn Borough President Eric Adams acknowledged the leadership of NetCost Market with July 7th being recognized as NetCost Market Day in Brooklyn.
As a responsible and valued member of the community, GMI Corp. committed to support local organizations that uplift and serve others, including police departments, children’s organizations, senior citizens, and community groups. By investing in the well-being of our community, we strive to foster long-term prosperity and create a happier, more thriving environment for everyone.
The Annual RAOA Night Out event, proudly supported by NetCost Market
GMI Corp is committed to supporting families in need
AMA Animal Rescue Donation
GMI Corp proudly presents the 2nd Annual Police&Community Soccer Day, proudly supported by GMI Corp
Turning Ambition Into Results
GMI Corp Ambition:
Become the leading European Grocery Retailer and Distributor across the Americas by:
• Expanding our own retail chain throughout North America.
• Growing our distribution network by extending warehouse capacity and opening satellite facilities across the U.S.
• Launching a nationwide online shopping platform with home delivery service to households across the United States.
GMI Corp Revenue Growth
Why GMI Corp. is the Right Choice for You?
• We foster an inclusive, international environment.
• We invest in education and actively support the professional growth of our associates.
• We Promote From Within: 80% of our managers started as store associates.
• From employee discounts to shoutouts for great work and bonuses — we appreciate what you do.
• Over 20 years of experience in the distribution business.
• Direct collaboration with manufacturers and growers.
• Focus on long-term, mutually beneficial partnerships.
• Access to European and Canadian markets through the Global Food Alliance.
• Comprehensive import services: registration, compliance, brokerage, and distribution.
• Extensive product assortment sourced globally.
• Rewarding loyalty program and generous discounts for senior citizens.
• Convenient and flexible delivery and pick-up options.
• Exclusive offerings you won’t find anywhere else.
• Commitment to high quality and strict safety standards.
• Exceptional customer service at every touchpoint.
• Profit margins consistently above industry average.
• Strong sales performance measured by high revenue per square foot.
• Unique opportunity to become a store operator and shareholder.
• Over 5 years of audited financial statements ensuring transparency and trust.
• We prioritize sourcing products from local suppliers.
• We actively participate in NYPD, charity events, community outreach programs, and environmental initiatives.
• We collaborate with nonprofit organizations to address pressing issues such as hunger and education.
• We proudly support AMA Animal Rescue, a non-profit, no-kill organization dedicated to rescuing and rehoming animals in need.
