Alkaline88® Achieves Nationwide Distribution in Whole Foods Market
23 Março 2023 - 10:15AM
Business Wire
Best-Selling 1-Gallon Product Now Available in
Over 500 Whole Foods Market Stores Across All 11 Divisions
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER), the
nation's leading independent alkaline water company and the Clean
Beverage® company, is proud to announce that its flagship
Alkaline88® 1-Gallon product has successfully attained full
nationwide distribution in all Whole Foods Market stores. The most
recent expansion has placed the popular product in 306 additional
locations, spanning six divisions—Mid-Atlantic, Midwest, Northeast,
North Atlantic, Northern California, and Rocky Mountain.
"The Alkaline88 1-Gallon is now conveniently accessible to
organic food shoppers in every Whole Foods Market across the
country," stated Frank Chessman, President and CEO of The Alkaline
Water Company. "Initially available in over 200 stores across five
Whole Foods divisions, our 1-Gallon product can now be found in a
total of 514 Whole Foods Market stores throughout all eleven
divisions.
“Alkaline88 consistently excels in the natural grocery channel,
where our 1-Gallon offering, recognized as the nation's top-selling
bulk enhanced water product, ranks as one of the best-selling
enhanced water products overall, regardless of size. This
exceptional performance, coupled with the relentless dedication of
our sales team, has earned our flagship product increased shelf
space in one of the nation's most esteemed grocers."
The achievement of nationwide distribution in Whole Foods Market
underscores Alkaline88's unwavering commitment to ongoing brand
expansion within prominent national retailers. In line with the
Company's strategic focus on its Pathway to Profitability,
Alkaline88 continues to pursue cost-effective growth opportunities
on a national scale, targeting increased market presence and
long-term profitability.
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.
About Whole Foods Market:
For more than 40 years, Whole Foods Market has been the world’s
leading natural and organic foods retailer. As the first certified
organic national grocer, Whole Foods Market has more than 500
stores in the United States, Canada and the United Kingdom. To
learn more about Whole Foods Market, please visit
https://media.wholefoodsmarket.com/.
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,
Alkaline88's unwavering commitment to ongoing brand expansion
within prominent national retailers; the statement relating to the
Company's strategic focus on its Pathway to Profitability; and that
Alkaline88 continues to pursue cost-effective growth opportunities
on a national scale, targeting increased market presence and
long-term profitability. The material assumptions supporting these
forward-looking statements include, among others, that the
Company’s cost saving and margin enhancement measures will be fully
implemented and, once implemented, they will be effective to reduce
the Company’s annual expense and enhance the Company’s margin to
the extent anticipated by the Company; that the Company’s burn rate
to reach the level anticipated by the Company as a result of the
Company’s proactive reduction in its monthly burn rate; 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/20230323005221/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
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