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Thursday, 06/15/2017 8:34:08 PM

Thursday, June 15, 2017 8:34:08 PM

Post# of 20709
PFWI Distributes Products to Wal Mart, Sam's Club, TJ Maxx, Home Goods, and Marshall's

March 23, 2017
WESTON, FL--(Marketwired - Mar 23, 2017) - Petrone Worldwide, Inc. (OTCQB: PFWI), a leader in the hospitality industry with global operations capabilities, announces today the signing of a strategic alliance with Dewan & Sons. Dewan & Sons India, a leading Houseware articles export house with an established presence in the United States has appointed Petrone as the North American exclusive agent, with this strategic alliance to undertake direct sales and JIT distribution to all Dewan customers in North America. "The value-added warehousing and distribution (VAWD), dedicated contract carriage (DCC), domestic transportation management (DTM) of PFWI coupled with JIT and lean inventory management will be a significant cost savings for Dewan and will create a projected $5,000,000+ in new revenue for PFWI adding dramatic value to the company and its shareholders," said Victor Petrone, CEO and founder of PFWI.

Victor Petrone, CEO further says, "The service includes Direct Store delivery of Dewan's products to retail stores, thereby bypassing a retailer's distribution center to increase inventory turns and reduce margins for Dewan." Petrone will be serving the following Dewan clients in North America: Wal Mart, Sam's Club, TJ Maxx, Home Goods, and Marshall's.

Check out Dewan & Sons product line, you see this stuff at TJ Maxx, Home Goods and Marshall's all the time!
http://www.dewansons.com/

https://www.otcmarkets.com/stock/PFWI/news/Petrone-Worldwide-Announces-the-Signing-of-a-Strategic-Agreement-to-Undertake-Direct-Sales-and-Distribution-to-all-Dewan--amp--Sons-Customers-in-North-America?id=154109&b=y

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