Reed’s Reports Year-End 2014 Results
For the full year 2015, the company’s net sales target is $50 million with moderate profitability.
For the full year 2015, the company’s net sales target is $50 million with moderate profitability.
Prior to joining Reed’s, Mark was Vice President of Operations at the Dr. Pepper/Snapple Group where he drove operational efficiencies and was responsible for leading and directing functions that focused on warehouse and distribution operations, inventory management, environmental health and safety and a corporate real estate portfolio.
The prize pack is valued at approximately $15,000, and includes 2,500 shares of stock, a case of Reed’s Ginger Brew, Reed’s Moscow Mule mugs and other company swag.
The new loan will enables the company to triple production line speed and output in the Los Angeles plant.
Packaged Facts estimates that online grocery shopping accounts for 3.5 percent of the overall grocery market and will grow to nearly 12 percent within five years.
Reed’s, Inc. CEO Chris Reed figures that tripling the speed of the production will help the company move forward with less labor and roll out more product to absorb his facility’s inherent overhead figures.
Reed’s, Inc. (NYSE MKT: REED) announced today it is expanding its Los Angeles plant, spending up to $1.5 million to replace existing equipment and triple the speed of production.
While the cultures of all other Reed’s kombucha products grow in oolong and yerba maté teas, the latest offering is grown in organic coffee.
The growing list of emerging brands at Kroger got longer this week with the additions of Balance Water and Cheribundi.
Hy-Vee, Inc. operates 230+ supermarkets throughout eight Midwestern states and ranks among the top 25 supermarkets in the U.S.
The latest in distribution news features brands opening new territory on opposite coasts, with Las Vegas-based Xyience heading east while Sipp Sparkling Organics, which operates in Philadelphia, is expanding out west.
Lowes Foods operates over 100 full-service specialty supermarkets in North Carolina, South Carolina and Virginia.
As carbonated soft drink sales continue to decline, the cola giants have benefitted from a self-enacted compromise: smaller cans.
Reed’s, Inc. (NYSE MKT: REED) today announces the launch of a national cable advertising campaign – the first in the company’s 25-year history.