Global Diversified Marketing Group Expands Distribution with Bealls, Inc. in 17 States with Over 550 New Outlet Store Locations
Secured Distribution with Bealls Inc. to Bring the Company’s Family of Premium Snack Products into Homes of Sun Belt States
News provided byGlobal Diversified Marketing Group, Inc.
Jul 05, 2022, 8:12 AM ET
ISLAND PARK, N.Y., July 05, 2022 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc., a Delaware corporation (the “Company”; OTC: GDMK), is pleased to announce that it has secured distribution with Bealls Inc. to strengthen the company’s brand, and bring its family of products into a new geographic market.
“We are very excited to add Bealls Outlets to our existing distribution footprint which currently stands at about five thousand stores,” commented Paul Adler, GDMK’s President & CEO.
Mr. Adler continued, “We believe this new addition may add a significant revenue growth as we continue to expand our footprint expansion.” Bealls Inc. currently operates 550 stores in 17 states under four banner names.
About Global Diversified Marketing Group
Headquartered in Island Park, NY - Global Diversified Marketing Group Inc operates through one of their divisions as a food and snack manufacturer, Importer & distributor through its subsidiary in the United States, Canada and Europe. The division operates through snacks segment. The snacks segment offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf stable Macarons and other gourmet snacks. The company sells its products direct and through various distribution channels comprising specialty, grocery retailers, food-service distributors, DSD as well as vending, pantry and micro market segment.
Bealls Inc a retail corporation with 550 stores in 17 states operating under the names of Bealls, Bealls Outlet, Burkes Outlet and Home Centric. The company was founded in 1915 and is headquartered in Bradenton, Florida.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company's control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.
These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability of the Company to develop the Company's brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company's revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
The foregoing statements expressly qualify any forward-looking information contained herein. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Global Diversified Marketing Group Inc
Paul Adler, Chairman, President & CEO