Alkaline88® Adds Approximately 600 New Locations of Convenience Store Leader in Western States
The Alkaline Water Company (NASDAQ: WTER) announced that its Alkaline88® 3-Liter product will be available in 600 locations of a major convenience store chain across California, Arizona, Nevada, Washington, and Oregon starting this August. This expansion is part of a broader plan that has already seen the company add 8,400 new stores in the current fiscal year. The company expects a strong rollout supported by its production infrastructure and distribution partnerships.
- Expansion into 600 new convenience store locations increases brand visibility.
- Part of 8,400 new stores added this fiscal year indicates strong growth strategy.
- Supportive production infrastructure and distribution partnerships enhance rollout potential.
- None.
The Alkaline88® 3-Liter Will Be in Cold Vaults and on Ambient Shelves in the Major C-Store Chain
“Morning or night, commuters filling up or passing through can now rehydrate with an Alkaline88 3-Liter in 600 more convenience stores in five Western states, including hundreds of locations all throughout California,” said Alkaline88 President and CEO,
“With a very strong production infrastructure in the region, a great distribution partner in
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Founded in 2012,
To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.
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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 expects a solid rollout for Alkaline88® 3-Liter when it hits shelves and cold vaults in the summer heat of August.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005113/en/
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