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The Alkaline Water Company Inc. (WTER.CN)
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2.1000-0.0500 (-2.33%)
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HomeGoods, a T.J. Maxx company, to carry the new 2-liter offering in 500 stores.
New packaging format targets high volume shoppers, including the club market.
We are doing a great job creating new leads, and currently, our flavors are carried by or have placement commitments from nearly 13,200 stores across the U.S. Also, initial interest in our recently launched innovative offering, A88CBD infused Lemon-Lime flavored water, is strong, and we expect the SKU to be very appealing to the retail category buyers. Our A88 Infused brand is now available in some of the top supermarkets, retailers, and wholesalers, and we expect this trend to accelerate throughout our fiscal year.
SCOTTSDALE, Ariz., Oct. 01, 2020 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (the “Company”), is a producer of premium bottled alkaline water, flavor-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. Today, the Company announced that its A88 Infused™ flavors will be a featured product offered by DOT Foods in the all-natural and specialty beverages category.
“Our partnership with DOT Foods is off to a strong start. The distributor will offer our A88 Infused flavors brand as a featured item in their all-natural flavored water product category,” stated Ricky Wright, President and CEO of The Alkaline Water Company ( WTER ). “This will give access to over 600,000 restaurants and foodservice establishments across all 50 states. The hospitality sector provides us a unique and huge opportunity that far exceeds our current served market. In addition to targeting the universe of retailers served by DOT Foods, we expect to penetrate this space in a disciplined and calculated manner and initially will target Golf Foodservices, Fast Casuals, and Vending and Micro Markets. Despite our aggressive efforts, the hospitality space recovery will be the primary growth driver for this category. We believe that our all-natural single-serve offerings, including our eco-friendly aluminum bottles, A88 Infused flavors, and the newly launched A88CBD infused flavored water, will do exceptionally well in this segment. Healthful living continues to remain a dominant trend in the markets we serve, and our lifestyle brands are well-positioned with a strong partner network to drive strong growth in existing and new channels.”
Am here with 3500 shares at 90 cents for the ride.
Drink up boys this is more than can fill my glass
“We continue to make great strides toward our c-store strategy and see strong demand for our single-serve offerings,” stated Ricky Wright, President and CEO of The Alkaline Water Company. “Our flagship brand, Alkaline88, is now available in seven Core-Mark distribution centers, giving us access to thousands of new c-stores across the United States. With Core-Mark representing approximately 11,000 stores nationwide, we have the opportunity to present our lifestyle brands to some of the largest regional, national, and independently owned c-store chains. We recently added FastTrip, Colbea, Kenk, and CN Brown as new accounts, with each serving at least 40 locations. These company-owned and serviced stores are primarily gas station locations operating under various banners, including Shell, Mobile, CITGO, ARCO, etc. Most of these new accounts will carry our 1-gallon, 1.5-ltr, and 1-ltr single-serve offerings, which are seeing strong interest across all trades. We expect our single-serve offerings, which include eco-friendly aluminum bottles and flavor-infused waters, to drive substantial growth during our current fiscal year as a result of this increased distribution capacity.”