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REEDS, Inc. Message Board

  • stockerzzz1 stockerzzz1 Apr 25, 2013 1:56 PM Flag

    Reed's Secures New Private Label Deal

    Any guesses who it could be? Who are the largest foodservice distributors in the country? UNFI?

    LOS ANGELES, CA--(Marketwired - Apr 23, 2013) - Reed's, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that it has secured a new agreement to produce a line of private label branded beverages for one of the largest foodservice distributors in the country.

    Chris Reed, Founder and CEO of Reed's, Inc., commented, "Our unique production and flavor-crafting capabilities continue to attract interest from some of the largest supermarkets and foodservice corporations in the US. We are building some very exciting new relationships that we hope to leverage with our branded products. The margin dollars we gain from this new partnership will be reinvested into building more brand recognition for our Reed's, Virgil's and Reed's Culture Club Kombucha line of beverages."

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5.27-0.0100(-0.19%)Apr 21 4:01 PMEDT