KonaRed Corporation (OTCQB: KRED), a pioneer of the coffee fruit category and manufacturers of premium Hawaiian Cold Brew and Whole Bean Coffee products, today announced an increase in retail placements and new distribution in the New York City area for the Company’s award winning Cold Brew Coffees.
In Hawaii, KonaRed’s RTD Cold Brew Coffees can now be found at Foodland, Food Pantry and ABC Stores, representing over 100 new store placements. Additional success has been seen in the Western US recently with the RTD Cold Brew Coffee line being added to the shelves of major Kroger and Albertsons Companies’ banner stores. Revenue and increased profit margins are projected to increase month over month and year over year heading into 2017.
Based on consumer demand, KonaRed has also announced it will add to its Cold Brew Coffees line-up by launching two new flavors – Kauai Caramel and Maui Mocha.
Additionally, 32oz glass bottle offerings of the RTD Cold Brew Coffees in Original and Hawaiian Vanilla flavors will be added to the line expansion in September. This will bring KonaRed’s Cold Brew Coffee line to five flavors in multiple volume sizes and is projected to significantly add to revenue.
KonaRed’s CEO Shaun Roberts commented, “We are thrilled with the continued growth of our Cold Brew Coffee product sales.
The product is selling extremely well on the shelves of the largest retailers in the West and we are quickly adding customers, as shown by our recent launch of distribution in the New York City area. With the boom of the Cold Brew Coffee category, having a leading shelf presence in a market like New York is great timing for success and we are confident our strategic partners in that region are the best in the business.”
For more information visit KonaRed website.