Alkaline88® Expands Reach of its 1-Gallon in Major New England and New York Supermarket Chain
16 Fevereiro 2023 - 11:15AM
Business Wire
The Alkaline88 1-Gallon is Now Available in
Over 180 New Locations in the Region
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the
“Company”), the country’s largest independent alkaline water
company and the Clean Beverage® company, announced today that it
has expanded into another major supermarket with more than 180
stores in Maine, New Hampshire, Vermont, Massachusetts, and New
York. With this new placement, Alkaline88 is now in every US banner
of one of the world’s largest food retail companies which has over
2,000 locations across the country.
“New Englanders and New Yorkers can now find the Alkaline88
1-Gallon in more of their favorite neighborhood supermarkets,” said
Frank Lazaran, President and CEO of The Alkaline Water Company.
“We’re very pleased to now offer this great product to even more
shoppers in a very important region we’ve targeted for continued
market share gain.”
Retail data shows that the Alkaline88 1-Gallon is one of the
best-selling value-added water products in the country. According
to Nielsen Total US Food (“Grocery”) data for the full year
2022:
- The Alkaline88 1-Gallon was the sixth best-selling
value-added water product by dollar volume in Grocery,
regardless of bottle size.
- Its dollar volume was 5.5x greater than the next 1-gallon
product in the category.
- Retail sales dollar volume grew nearly 21% last year, second
best amongst the top-ten products.
- Additionally, the Alkaline88 1-Gallon was one of only three
top-ten value-added water products in Grocery to grow in unit sales
in 2022.
- The other two positive-growth products grew in unit volume by
less than 2% compared to 2021 while unit sales of the Alkaline88
1-Gallon increased by nearly 18%.
“Our flagship 1-Gallon continues to find new shelf space with
great clients and, once there, shows strong momentum and organic
growth, outperforming most competitive products in year-over-year
retail growth. This latest placement is a great way to start 2023
and we look forward to sharing more retail expansion news in the
coming months.”
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.” In 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®.
To purchase The Alkaline Water 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
New England and New York being a very important region the Company
has targeted for continued market share gain; and that the Company
looks forward to sharing more retail expansion news in the coming
months. 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 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/20230216005166/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
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