Alkaline88’s First “Club Pack” Will Launch Exclusively in 589 Sam’s Clubs in Early May
The Alkaline Water Company (NASDAQ: WTER) announced the launch of its Alkaline88 1-gallon water product as a 4 Pack at 589 Sam's Clubs nationwide. This comes in response to the growing demand for premium water among Sam's Club's 40 million members. The product, known for its Deliciously Smooth taste, has been a top seller in grocery channels, ranking as the sixth best-selling value-added water product according to Nielsen data. The launch is expected to enhance the company's market presence and provide a value option for consumers.
- Launch of Alkaline88 1-gallon as a 4 Pack in 589 Sam's Clubs enhances market access.
- Alkaline88 is the best-selling enhanced water product in the US, indicating robust demand.
- Sales velocity in grocery channels suggests potential strong performance at Sam's Club.
- None.
The Best-Selling Alkaline88 1 Gallon Will Be Available to Sam’s Club Members as a 4 Pack
The Alkaline88 “Club Pack”, a 1 gallon 4 pack, will be available exclusively in 589 Sam’s Clubs in May. (Photo: Business Wire)
“The Alkaline88 1 gallon has always distinguished itself due to its size, packaging and Deliciously Smooth™ taste,” said
“This is another huge win for
“Our individual gallon bottle has sold extremely well in the grocery channel in the nine years since we first introduced it in
About
Founded in 2012,
To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.
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About Sam’s Club
Sam’s Club®, a division of Walmart, Inc. is a leading membership warehouse club offering superior products, savings and services to millions of members in nearly 600 clubs in the
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 believes the four-unit Club Pack the Company has designed for Sam’s Club will be a hit with members looking for premium water in a value package; and that the Company expects the Alkaline88® Club Pack will soon become a member favorite at Sam’s Club.
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/20220420005386/en/
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