The leading health and wellness holding company, ALKAME HOLDINGS INC (OTCMKTS:ALKM), has announced its expansion plans in Southern California. As per the reports, the company has made public that it can now be found in 50+ select Haggen grocery stores spread across South California market.
ALKAME HOLDINGS is known for delivering innovative, patentable, and eco-friendly products to its customers. Even after putting multiple efforts in the field, ALKAME management failed to convince investors, as a result of which its stock prices plunged 20.93% to touch $0.017 mark yesterday.
ALKAME Ties With Haggen Grocery Chain:
Haggen is a Washington-based grocer whose history goes past 82 years. Haggen Grocery chain took over a few stores in Albertsons-Safeway merger. As per the reports, it’s now trying every bit possible to convert them Haggen Stores as soon as possible.
The total marketplace for the grocery chain has expanded by nine folds to touch 164 stores. With the help of current expansion plans, the number of employees has elevated from 2,000 to whopping 10,000.
Safeway-Albertsons merger was announced in March 2014. The Federal Trade Commission of the country divested over 168 stores to make sure that the combined entity didn’t grab an uncontrollable stake in the market.
The senior management team of ALKAME HOLDINGS is delighted to announce this expansion and hopes that things will continue to improve in the future. According to Robert Eakle, Chief Executive Officer, ALKAME HOLDINGS, Southern California is a wonderful marketplace. It has helped the company come out of difficult times in the past, and ALKAME hopes that it will do the same in the future as well.
The current products of the company have been witnessing a wonderful growth in the market. It’s a proud moment for the company to tie up with Haggen Grocery. ALKAME HOLDINGS INC (OTCMKTS:ALKM) expects that Haggen’s strong network in the area will help ALKAME in marketing and advertising its products in a better and more effective way than the past. It will announce periodical updates on continuous duration in the future.