Alkaine88® Earns Full Distribution in Major Wholesale Club with over 220 Locations on the East Coast
04 Outubro 2022 - 10:05AM
Business Wire
A Recent Trial Quickly Led to Full Distribution
of Alkaline88 in this High-Volume Warehouse Club Chain
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the
“Company”), the country’s largest independent alkaline water
company and the Clean Beverage® company, today highlighted
Alkaline88’s rapid expansion into the club channel, including its
recent expansion into over 220 clubs of the country’s
third-largest warehouse club chain. In less than fourteen
months, the brand has made inroads into all three of the top
warehouse membership clubs in the United States.
- In the past year, the Alkaline88® 1 gallon 4 pack has earned
distribution in two out of the three major wholesale club
chains and is also available in select Business Centers of the
third.
- Distribution economics are favorable in the club channel, with
full truckloads heading to relatively few distribution centers that
then deliver full pallets to these high-volume clubs.
- The Alkaline88® 1 gallon is already the country’s
best-selling bulk-size premium water product.
“Our most recent 48-store regional trial in the club channel has
expanded into full distribution in a very short time,” said Frank
Lazaran, President and CEO of The Alkaline Water Company. “We’re
very pleased with how quickly our 1-gallon four pack has been
greenlit for sale to all 6.5 million members in over 220 clubs
across 17 states. This is the second of the three major clubs in
which we’ve earned full distribution in the past year. We also
recently announced that we now have our ‘foot in the door’ in the
third and largest club chain and we’ll continue to work on that
front.
“The recent work we’ve done to strengthen our production and
distribution will support Alkaline88’s expansion into the club and
other channels in growth markets across the country. Optimizing our
network to produce our products closer to important high-volume
retailers means we’re spending less on freight and moving more of
our best-selling products in bulk. These are both great factors for
the improvement of our bottom line, even as we continue to earn new
clients and drive new sales.”
About The Alkaline Water Company:
The Alkaline Water Company is the Clean Beverage® company making
a difference in the water you drink and the world we share.
Founded in 2012, The Alkaline Water Company (NASDAQ and CSE:
WTER) is headquartered in Scottsdale, Arizona. Its flagship
product, Alkaline88®, is a leading premier alkaline water brand
available in bulk and single-serve sizes along with eco-friendly
aluminum packaging options. With its innovative, state-of-the-art
proprietary electrolysis process, Alkaline88® delivers perfect 8.8
pH alkaline drinking water with trace minerals and electrolytes and
boasts our trademarked label “Clean Beverage.” 2021, The Alkaline
Water Company was pleased to welcome Shaquille O’Neal to its board
of advisors and to serve as the celebrity brand ambassador for
Alkaline88®.
Company’s products online, visit us at www.alkaline88.com.
To learn more about The Alkaline Water Company, please visit
www.thealkalinewaterco.com or connect with us on Facebook, Twitter,
Instagram, or LinkedIn.
Notice Regarding Forward-Looking Statements:
This news release contains “forward-looking statements.”
Statements in this news release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations, or intentions regarding the future.
Such forward-looking statements include, among other things, that
the Company will continue to work on the third and largest club
chain; that the recent work the Company has done to strengthen its
production and distribution will support Alkaline88’s expansion
into the club and other channels in growth markets across the
country; and that spending less on freight and moving more of the
Company’s best-selling products in bulk are both great factors for
the improvement of the Company’s bottom line, even as the Company
continues earn new clients and drive new sales.
The material assumptions supporting these forward-looking
statements include, among others, that the demand for the Company’s
products will continue to significantly grow; that the past
production capacity of the Company’s co-packing facilities can be
maintained or increased; that there will be increased production
capacity through implementation of new production facilities, new
co-packers and new technology; that there will be an increase in
number of products available for sale to retailers and consumers;
that there will be an expansion in geographical areas by national
retailers carrying the Company’s products; that there will be an
expansion into new national and regional grocery retailers; that
there will be an expansion into new e-commerce, home delivery,
convenience, and healthy food channels; that there will not be
interruptions on production of the Company’s products; that there
will not be a recall of products due to unintended contamination or
other adverse events relating to the Company’s products; and that
the Company will be able to obtain additional capital to meet the
Company’s growing demand and satisfy the capital expenditure
requirements needed to increase production and support sales
activity. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, governmental regulations being implemented
regarding the production and sale of alkaline water or any other
products; additional competitors selling alkaline water and
enhanced water products in bulk containers reducing the Company’s
sales; the fact that the Company does not own or operate any of its
production facilities and that co-packers may not renew current
agreements and/or not satisfy increased production quotas; the fact
that the Company has a limited number of suppliers of its unique
bulk bottles; the potential for supply-chain interruption due to
factors beyond the Company’s control; the fact that there may be a
recall of products due to unintended contamination; the inherent
uncertainties associated with operating as an early stage company;
changes in customer demand and the fact that consumers may not
embrace enhanced water products as expected or at all; the extent
to which the Company is successful in gaining new long-term
relationships with new retailers and retaining existing
relationships with retailers; the Company’s ability to raise the
additional funding that it will need to continue to pursue its
business, planned capital expansion and sales activity; and
competition in the industry in which the Company operates and
market conditions. These forward-looking statements are made as of
the date of this news release, and the Company assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements, except as required by applicable
law, including the securities laws of the United States and Canada.
Although the Company believes that any beliefs, plans,
expectations, and intentions contained in this news release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations, or intentions will prove to be accurate. Readers
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in the reports
and other documents the Company files with the SEC, available at
www.sec.gov, and on the SEDAR, available at www.sedar.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221004005313/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
Media Jessica Starman 888-461-2233
jessica@elev8newmedia.com
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