Reed's, Inc. Announces Expanded Distribution Into All Winn-Dixie Stores
18 Agosto 2011 - 10:15AM
Marketwired
Reed's, Inc. (NASDAQ: REED) announced today that it has gained
expanded distribution in all Winn-Dixie supermarket locations in
the southern region. Founded in 1925, Winn-Dixie Stores (NASDAQ:
WINN) is headquartered in Jacksonville, Florida. The Company
currently operates 484 stores in 21 DMAs throughout Florida,
Alabama, Louisiana, Georgia, and Mississippi. Winn-Dixie is one of
the largest food retailers in the nation and ranks 340 on the
FORTUNE 500® list.
Christopher Reed, Founder and CEO of Reed's, Inc., stated, "This
is extremely exciting news for Reed's Inc. Gaining distribution
into Winn-Dixie Supermarkets throughout the southeast continues
boosting our presence in this all important region."
Neal Cohane, Senior VP Sales & Marketing, stated, "We look
forward to our partnership with Winn-Dixie. Eddie Pearson, Region
VP for the South region, did great work opening and aligning the
entire DSD distribution network to service this extremely important
chain of stores. Eddie has already executed a very successful gas
tie-in promotion with Winn-Dixie and will continue to build upon
this victory. Our ACV presence grows every time we land these types
of opportunities and close voids within the grocery channel."
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 All Natural Ginger
Nausea Relief product for the over-the-counter stomach aisle for
all retail channels 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.reedsinc.com or call 800-99-REEDS.
Follow Reed's on Twitter at
http://twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at:
http://www.facebook.com/pages/Reeds-Ginger-Brew-and-Virgils-Natural-Sodas/57143529039
About Winn-Dixie
Winn-Dixie Stores, Inc., is one of the nation's largest food
retailers. Founded in 1925, the Company is headquartered in
Jacksonville, Fla. The Company currently operates 484 retail
grocery locations, including 379 in-store pharmacies, in Florida,
Alabama, Louisiana, Georgia and Mississippi. For more information,
please visit www.winn-dixie.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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Investor Relations Contact: Mr. Michael Sclafani
President Wall Street Communications Group, Inc Tel: 303-903-2090
E-mail: Email Contact
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