LAS VEGAS and VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- TAAT™ GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT™”) is pleased to announce that during its fiscal first quarter of 2022 (November 1, 2021 through January 31, 2022) approximately 48% of its overall sales volume in the United States is derived from wholesale reorders made by existing accounts. The global store count of TAAT™ retailers is now in the thousands, between more than 2,000 confirmed retailers in the United States and additional independent store placements made through “cash-and-carry” wholesale warehouses (detailed in the Company’s January 11, 2022 press release), as well as initial store placements of TAAT™ in the United Kingdom starting in Croydon (London’s southernmost borough). Through its nationwide network of distribution partners in the United States, TAAT™ continuously evaluates its performance in specific markets and has leveraged such insights to drive recurring orders from existing accounts while continuing to add new store locations. As the Company seeks to further expand its market share in the tobacco industry during TAAT™’s second year of being sold at retail, it is instituting distinct strategies for both acquiring new points of sale as well as maintaining productive relationships with existing retailers in the interest of generating long-term value.
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