Alkaline88® Expands Its Reach in 83 Tops Friendly Markets
June 13 2023 - 9:15AM
Business Wire
The Alkaline88 3 Liter is Now Available in the
Natural Foods section of Tops Friendly Markets in New York and
Neighboring States
The Alkaline Water Company Inc. (NASDAQ: WTER) (the “Company”),
the country’s largest independent alkaline water company and the
Clean Beverage® company, is pleased to announce the addition of its
Alkaline88 3 Liter in 83 Tops locations in the Northeast.
The Alkaline88 3 Liter, sporting the Clean Beverage® label and
containing two all-natural ingredients - purified water and pink
Himalayan rock salt - has now secured a spot in the Natural Foods
section of the NY-based grocer. In the US Grocery channel, the
Alkaline88 3 Liter ranks second in total Dollar Volume among all
bulk-sized value-added water products, behind only the Alkaline88 1
Gallon, based on Nielsen data for the 52 weeks ending May 20, 2023.
This expansion will offer even more shoppers in New York,
Pennsylvania, and Vermont access to Alkaline88's Smooth Hydration®
at their local Tops.
"By introducing our Alkaline88 3 Liter to 83 Tops locations,
we're not just providing more consumers with a Deliciously Smooth™
hydration option in a convenient bulk size, but also continuing to
drive brand expansion in the Northeast within a premier grocer,"
stated Frank Chessman, President and CEO of The Alkaline Water
Company.
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: 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 “Clean Beverage” label.
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 Tops Friendly Markets:
Based in Williamsville, NY, Tops Markets currently operates 149
grocery stores in New York, Pennsylvania, and Vermont, including
five that are run by franchisees. As the largest private,
for-profit employer in Western New York, with over 14,000
associates, the company is dedicated to providing sustainably
sourced, high-quality products, while helping its communities
flourish via support for programs that eradicate hunger and
disease, educate youth and reduce environmental waste and energy
consumption. For more information, visit www.topsmarkets.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, that
this expansion will offer more shoppers in New York, Pennsylvania,
and Vermont access to Alkaline88's Smooth Hydration® at their local
Tops; and that by introducing the Alkaline88 3 Liter to 83 Tops
locations, the Company is not just providing more consumers with a
Deliciously Smooth™ hydration option in a convenient bulk size, but
also continuing to drive brand expansion in the Northeast within a
premier grocer.
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 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/20230613804055/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
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