Reeds Inc. (REED)

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Reed's Kombucha Now in Jewel-Osco (80-176 Stores)

Chicago has a GDP of $532 Billion and Whole Foods still doesn't carry the product in the city, great news. (as of 2010 (U.S. Department of Commerce. September 13, 2011.)

Six of Reed's Kombucha Flavors Are Featured in Jewell's Expanded Natural Cold-Set Stores Throughout Illinois, Indiana and Iowa, Starting With 80 Locations

$REED

WSJ Link


LOS ANGELES, CA--(Marketwired - Oct 15, 2013) - Reed's, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that Jewel-Osco has agreed to begin carrying six flavors of Reed's Culture Club Kombucha for immediate distribution into their stores throughout the Midwest.

Chris Reed, Founder and CEO of Reed's Inc., stated, "The authorization of Reed's Culture Club Kombucha in Jewel-Osco puts us on the map with one of the leading retailers in the greater Chicago area, and gives the brand a significant expansion boost in Indiana and Iowa as well. This is a tremendous opportunity to feature our unique Kombucha line in the expanded natural cold-sets of Jewel-Osco stores."

About Jewel-Osco

Established in 1899, Jewel-Osco, owned by New Albertsons, Inc., is becoming the favorite food and drug retailer in every market throughout the Chicagoland area. They operate 176 stores in Illinois, Indiana and Iowa, employing 30,000 associates while continuing to grow. Find more company information at JewelOsco.com and follow their social channels at Facebook.com/JewelOsco, Twitter.com/JewelOsco, and YouTube.com/JewelOsco.



From Wiki:

Jewel-Osco is a supermarket chain headquartered in Itasca, Illinois, a Chicago suburb. Jewel-Osco has 176 stores across northern, central, and western Illinois; eastern Iowa; and portions of northwest Indiana. Jewel-Osco and Jewel are currently wholly owned subsidiaries of Boise, Idaho-based Albertsons.

...

Jewel-Osco employs more than 45,000 associates. Its customer base gives it a 45 percent share of the grocery market in Chicago, trailed by the Safeway Inc.-owned Dominick's chain (ranking second at 15 percent). Consumers from 80 percent of all households in the Chicago metropolitan area visit a Jewel-Osco store at least once a month.

On January 10, 2013, Supervalu announced the sale of Jewel food stores to Cerberus Capital Management in a $3.3 billion deal. The deal closed on March 21, 2013.