Based On Strong Sales Greene Concepts Gears Up For Expanded Distribution Within Walmart's Estimated $10 Billion In Bottled Water Annual Sales

Rhea-AI Summary

Greene Concepts Inc. (OTC PINK:INKW) reports significant growth in BE WATER™ sales at Walmart stores, following audits by Anderson Merchandisers on January 5th and 26th, 2025. The company, which previously announced expansion plans from the Carolinas into Alabama, Tennessee, Georgia, and Florida, is now preparing for broader market distribution.

The expansion aligns with Walmart's estimated $10 billion annual bottled water sales category. Anderson Merchandisers, engaged since July 2024, has been important in optimizing BE WATER's in-store presence through advanced technology, inventory management, and performance tracking.

Positive

• Significant increase in BE WATER sales at Walmart stores
• Planned expansion into multiple new states beyond the Carolinas
• Successful partnership with Anderson Merchandisers improving retail performance

Negative

• None.

News Market Reaction

+38.46%

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+38.46% News Effect

On the day this news was published, INKW gained 38.46%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MARION, NC / ACCESS Newswire / March 20, 2025 / Greene Concepts Inc. (OTC PINK:INKW) is proud to announce a significant increase in BE WATER™ sales at Walmart. We reviewed and confirmed the recent audits conducted by Anderson Merchandisers, a leading provider of in-store merchandising solutions. The Company engaged Anderson Merchandisers, as noted in its July 24, 2024 press release, to enhance BE WATER's sales performance and optimize its placement within Walmart locations.

Anderson Merchandisers leverages advanced technology, inventory management, and performance tracking to maximize BE WATER's in-store presence and availability. In its January 10, 2025 press release, Greene Concepts announced plans to expand BE WATER's distribution beyond North and South Carolina into Alabama, Tennessee, Georgia, and Florida. Now, with accelerating sales at Walmart, the Company is preparing for an even broader market expansion.

"Estimates are that Walmart has around $10 billion in annual sales in the bottled water category and we are thrilled to see BE WATER sales growing rapidly at Walmart," said Lenny Greene, CEO of Greene Concepts. "Anderson Merchandisers conducted two audits in January-on the 5th and 26^th. As a result, the Company is gearing up for BE WATER's distribution to an expanding list of stores locations and into several additional States."

Mr. Greene added, "Anderson Merchandisers has been instrumental in our success. Their expertise in retail merchandising has been invaluable to us. With their continued guidance we feel very confident in our discussions with Walmart regarding this expansion. Stay tuned for more exciting updates as we continue our journey toward nationwide availability of BE WATER."

Follow Greene Concepts, Inc. on Social Media (X) at: @GreeneConcepts

About Greene Concepts, Inc.
Greene Concepts, Inc. (https://www.greeneconcepts.com) is a publicly traded company whose purpose is to provide the world with high-quality, healthy and enhanced beverage choices that meet the nutritional needs of its consumers while refreshing their mind, body and spirit. The Company's flagship product, BE WATER, is a premium artesian bottled water that supports total body health and wellness. Greene Concepts' beverage and bottling plant is located in Marion, North Carolina, and their water is ethically sourced from spring and artesian wells that are fed from a natural aquifer located deep beneath the Blue Ridge Mountains. Greene Concepts continues to develop and market premium beverage brands designed to enhance the daily lives of consumers.

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.

CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com

SOURCE: Greene Concepts Inc.

View the original press release on ACCESS Newswire

FAQ

What are Greene Concepts' (INKW) expansion plans for BE WATER at Walmart?

INKW plans to expand BE WATER distribution beyond North and South Carolina into Alabama, Tennessee, Georgia, and Florida, with potential for further expansion based on strong sales performance.

When did Anderson Merchandisers conduct BE WATER audits at Walmart stores?

Anderson Merchandisers conducted two audits on January 5th and 26th, 2025.

How large is Walmart's bottled water market that INKW is targeting?

Walmart's bottled water category generates approximately $10 billion in annual sales.

What role does Anderson Merchandisers play in INKW's Walmart distribution?

Anderson Merchandisers optimizes BE WATER's in-store presence through advanced technology, inventory management, and performance tracking services.