Business
Bemax Announces Supplier Agreement with The Kroger Co.
Bemax Announces Supplier Agreement with The Kroger Co..
About this update from Bemax Inc.
[{"type":"text","content":"Bemax Inc. (OTCPK: BMXC), a private label development Company with focus on disposable diapers and women’s hygienic sanitary products enters into a Supplier Agreement with The Kroger Co.(“Kroger”), an American retail company that operates over 2,700 supermarkets and multi-department stores throughout the United States.Bemax will receive purchase orders from Kroger. The purchase orders from Kroger to Bemax shall be the sole basis upon which Kroger shall commits to purchase products from Bemax. Kroger shall be obligated only to purchase not more than the volume of product for which a valid purchase order has been issued to Bemax, subject to the terms and conditions contained in the Agreement.Bemax Inc. CEO, Taiwo Aimasiko expressed her enthusiasm about the supplier agreement with Kroger, emphasizing what this expanded distribution will bring to Bemax. Taiwo Aimasiko stated “This supplier (vendor) agreement is a significant milestone for us as it opens the potential distribution expansion across North America.”About Bemax Inc.Bemax Inc. exports and distribute private label household products to the global emerging markets. www.bemaxinc.com.About The Kroger Co.The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets and online; and sells fuel through fuel centers. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.Safe Harbor StatementThis press release contains forward-looking statements that can be identified by terminology such as \"believes,\" \"expects,\" \"potential,\" \...