Reed’s, Inc. Announces Meijer Stores to Carry Reed’s and Virgil’s Products
18 Maio 2010 - 9:30AM
Business Wire
Reed's, Inc. (NASDAQ:REED - News) (OTC.BB:REEDP - News), maker
of the top-selling sodas in natural food stores nationwide,
announced today that Meijer, Inc., which operates 191 supercenter
stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky,
has agreed to carry select Reed’s and Virgil’s beverages direct
through its warehouse and then distributed in all of its stores in
the Central U.S.
Christopher Reed, Founder and CEO of Reed’s, Inc., stated, “We
are very excited to be partnering up with Meijer. As a leading
innovative retailer of natural and organic products in the Central
U.S., Meijer’s supercenters represent a significant opportunity to
increase brand awareness in one of the largest and best established
chains in the country.”
Neal Cohane, Senior VP of Sales & Marketing at Reed's, Inc.,
commented, “The opportunity to work with Meijer, a true innovator
and retailing powerhouse, is very exciting. We look forward to
enhancing the portfolio of high quality natural premium products
that discriminating consumers have come to expect at Meijer’s
supercenters. Our sales team’s efforts over the past two and a half
years are continuing to pay off. The demand for our brands is
contagious and is reflected in this new direct delivery
distribution partnership with Meijer, the pioneer of the modern day
supercenter.”
About Reed's, Inc.
Reed's, Inc. makes the top selling natural sodas in the natural
foods industry sold in over 10,500 natural food markets and
supermarkets nationwide. In 2009, Reed’s started producing Private
Label natural beverages for select national chains. Its six
award-winning non-alcoholic Ginger Brews are unique in the beverage
industry, being brewed, not manufactured and using fresh ginger,
spices and fruits in a brewing process that predates commercial
soft drinks. The Company owns the top selling root beer line in
natural foods, the Virgil's Root Beer product line, and the top
selling cola line in natural foods, the China Cola product line.
Recently, Reed's introduced its ‘Reed’s Rx’ line of ginger-based
nausea relief products for the drug store market and acquired the
Sonoma Sparkler brand, a sparkling juice celebration drink with an
established customer base. Other product lines include: Reed's
Ginger Candies and Reed's Ginger Ice Creams.
Reed's products are sold through specialty gourmet and natural
food stores, mainstream supermarket chains, retail stores and
restaurants nationwide, and in Canada, as well as through private
label relationships with major supermarket chains. For more
information about Reed's, please visit the company's website at:
http://www.reedsgingerbrew.com or call 800-99-REEDS.
Follow Reed's on Twitter at:
http://www.twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-Virgils-Natural-Sodas/57143529039?ref=nf
Subscribe to Reed's RSS feed at:
http://www.irthcommunications.com/REED_rss.xml
More information can be found at:
http://www.irthcommunications.com/clients_REED.php
About Meijer, Inc.
Founded in 1934, Meijer is a Grand Rapids, Michigan-based
retailer that operates 191 supercenters throughout Michigan, Ohio,
Indiana, Illinois and Kentucky. As the inventor of the "one-stop
shopping" concept, Meijer stores have evolved through the years to
include expanded fresh produce and meat departments, as well as
pharmacies, comprehensive electronics departments, garden centers
and apparel offerings. Additional information on Meijer and the
ability to shop for more can be found at www.meijer.com.
SAFE HARBOR STATEMENT
Some portions of this press release, particularly those
describing Reed's goals and strategies, contain "forward-looking
statements." These forward-looking statements can generally be
identified as such because the context of the statement will
include words, such as "expects," "should," "believes,"
"anticipates" or words of similar import. Similarly, statements
that describe future plans, objectives or goals are also
forward-looking statements. While Reed's is working to achieve
those goals and strategies, actual results could differ materially
from those projected in the forward-looking statements as a result
of a number of risks and uncertainties. These risks and
uncertainties include difficulty in marketing its products and
services, maintaining and protecting brand recognition, the need
for significant capital, dependence on third party distributors,
dependence on third party brewers, increasing costs of fuel and
freight, protection of intellectual property, competition and other
factors, any of which could have an adverse effect on the business
plans of Reed's, its reputation in the industry or its expected
financial return from operations and results of operations. In
light of significant risks and uncertainties inherent in
forward-looking statements included herein, the inclusion of such
statements should not be regarded as a representation by Reed's
that they will achieve such forward-looking statements. For further
details and a discussion of these and other risks and
uncertainties, please see our most recent reports on Form 10-KSB
and Form 10-Q, as filed with the Securities and Exchange
Commission, as they may be amended from time to time. Reed's
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
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