Alkaline88® Single-Serve Products Now Available in Sprouts’ Grab-and-Go Coolers
July 06 2023 - 9:15AM
Business Wire
The Alkaline88 750ml Aluminum, Originally
Launched in the Sprouts Water Aisle Earlier this Year, and the
Alkaline88 1.5 Liter Are Now Available in the Chain’s Grab-and-Go
Section
The Alkaline Water Company Inc. (NASDAQ: WTER) (the “Company”),
the country’s largest independent alkaline water company and the
Clean Beverage® company, today announced the expansion of their
Alkaline88® 1.5 Liter and 750ml Aluminum products’ distribution at
Sprouts Farmers Markets.
The two single-serve products were already available chainwide
on dry shelves and will now be accessible in the Grab-and-Go cooler
section of the premium natural grocer. This move amplifies the
brand’s exposure, reaching not only their regular water-aisle
shoppers, but also attracting new consumers looking for a smooth
hydration option from the cooler.
- The Alkaline88 750ml Aluminum bottle is available chain-wide in
all Grab-and-Go coolers while the 1.5 Liter is a Grab-and-Go option
in approximately 25% of Sprouts locations.
- The placement provides a great opportunity for Alkaline88 to
capture the attention of shoppers outside the water aisle.
“We’re very pleased to have earned this increase in distribution
points, especially since the introduction of the 750ml to Sprouts
was quite recent,” said Frank Chessman, CEO and President of The
Alkaline Water Company. “Given our consistently strong sales with
Sprouts, we believe this strategic positioning in Grab-and-Go will
further increase sales. Alkaline88 is now within reach of on-the-go
shoppers who might not yet look for our product in the water aisle.
Our conversion on trial has historically been quite strong, so we
anticipate creating new Alkaline88 drinkers in Sprouts across the
country.”
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.
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 move amplifies the brand’s exposure, reaching not only their
regular water-aisle shoppers, but also attracting new consumers
looking for a smooth hydration option from the cooler; that given
the brand’s consistently strong sales with Sprouts, they believe
this strategic positioning in Grab-and-Go will further increase
sales; and that the Company anticipates creating new Alkaline88
drinkers in Sprouts across the country.
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 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/20230705235020/en/
The Alkaline Water Company Inc. Jeff Wright Director of
Investor Relations 866-242-0240
investors@thealkalinewaterco.com
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