Business
Dewmar International BMC, Inc. Announces New Central Distribution Contract with Walmart
Dewmar International BMC, Inc. Announces New Central Distribution Contract with Walmart.
About this update from Dewmar Intl Bmc Inc
[{"type":"text","content":"Dewmar International BMC, Inc. (OTC PINK: DEWM) Announces New Central Distribution Contract with WalmartCLINTON, MS / June 21, 2017 / Dewmar International BMC, Inc. (OTC PINK: DEWM), a diversified operating company with business lines in consumer goods, healthcare, and content media, announced today that it has entered into a Walmart Grocery Supplier Agreement with Wal-Mart Stores, Inc. This Agreement sparks the launch of Lean Slow Motion Potion into both Walmart Supercenters and Neighborhood Markets across a new three (3) state territory of Texas, Louisiana, and Oklahoma. Dewmar has been given reserved modular shelf space in all of these stores and has further capabilities to add floor and end-cap shelf displays on a store-by-store basis, as Dewmar is registered as a National Supplier which qualifies them to place product in the many thousands of Walmart Supercenters, Neighborhood Markets across the U.S.Over the previous 3 years, the Company had a Direct-Store-Delivery Supplier Agreement, whereas its employees or contracted distributors had to personally deliver each case of product to the 21 Walmart locations in Louisiana, Arkansas, and Mississippi. Now, under the terms of this new Agreement, which covers a significantly larger number of stores, the Company has been upgraded to a Central Distribution Supplier, where the Company ships multiple pallets of its product to two different central distribution centers operated by Wal-Mart Corporation, via Crest Retail Group, who, in turn, delivers the products to stores on a daily basis for direct shelf modular placement by Walmart shelf stockers.Dr. Marco Moran, Founder and CEO of the Company, stated, \"We have developed a strong relationship with Walmart as we have proven ourselves to be the longest standing relaxation beverage on their shelves in the history of Walmart, despite the fact that other brands in the past had much deeper pockets than us.\" Dr. Moran continued, \"Our brand is authentic and rooted in a long-standing lifestyle that only grows stronger. Furthermore, we back it up with quality service and merchandizing to all of our major retail partners when others companies tend to lag once they close the deal.\"Dewmar International Board Members have discussed the possibilities of undergoing a significant capital raise, from credible sources not perceived to cause financia...