Reed's, Inc. $21M (MarketCap) Announces Vancouver Island-Based Quality Foods to Carry Reed's Beverages
Reed's, Inc. (NASDAQ: REED) makes the top selling natural sodas in the natural foods industry sold in over 10,500 natural food markets and supermarkets nationwide. Its six award-winning non-alcoholic Ginger Brews are unique in the beverage industry, being brewed, not manufactured and using fresh ginger, spices and fruits in a brewing process that predates commercial soft drinks.
Today, it announced that Quality Foods, an independent grocery chain based in Canada that operates ten full services grocery stores on Vancouver Island, BC, will begin carrying selected Reed's beverages in all of its locations. Quality foods is Canada's most unique grocery retailer, with a reputation for innovative service and management and for taking care of its customers by offering the finest, premium food products and beverages available on Vancouver Island. Therefore, Reed's top-selling all natural sodas fit perfectly with this reputation for freshness that Quality Food's Vancouver Island customers have come to expect.
Bob Lyon, Western Region VP of Sales at Reed's, Inc., stated, "The market for all natural foods in Canada is very active, and we are excited to increase our presence in this market by partnering with Quality Foods, which has won numerous awards for its unique brand of merchandising and offering customers an exceptional shopping experience. Canada is a growing market for Reed's, and a number of top U.S. brands are major players here. We believe our continued expansion into Canada through the highest quality retailers such as Quality Foods will lead to further opportunities to build our brand in this exciting market."
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