In the company’s news yesterday,
Reed’s, Inc. announced that it has expanded its relationship with Ingles Markets, Inc. (NASDAQ: IMKTA), based in Asheville, North Carolina. According to the press release, Ingles will begin taking delivery of Virgil’s All Natural Sodas direct to their warehouse in North Carolina. The company will also place the products in the mainstream beverage aisle in 100 of its stores.
Neal Cohane, Senior VP of Sales, National Accounts, stated, “We believe that the placement of our products in the mainstream beverage aisle will greatly enhance our brand recognition and translate into increased sales within the Ingles chain.” Mr. Cohane added, “Ingles is a significant customer, with 197 stores in six states. Our efforts to transition our product line into the mainstream has resulted in better sales and stronger brand recognition, which our customers recognize as a mutually beneficial opportunity.”
Eddie Pearson, Region Manager for Reed’s, Inc., commented, “With this enhanced relationship, we look forward to increasing awareness of the Reed’s and Virgil’s brands through the development of full year ‘partner-with-purpose’ marketing plans, in-store sampling campaigns, Weekly Ad/Circular participation and additional promotional efforts which will greatly expand our reach with Ingles customers in the region.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
