Reed’s, Inc. (REED) Expands Relationship with Ingles Markets (IMKTA)
Reed's, Inc., maker of the top-selling sodas in natural food stores nationwide, today announced that it has expanded its relationship with Ingles Markets, Inc. (NASDAQ: IMKTA), based in Asheville, North Carolina. According to the press release, Ingles will begin taking delivery of Virgil's All Natural Sodas direct to their warehouse in North Carolina. The company will also place the products in the mainstream beverage aisle in 100 of its stores. Neal Cohane, Senior VP of Sales, National Accounts, stated, "We believe that the placement of our products in the mainstream beverage aisle will greatly enhance our brand recognition and translate…