See linked issue for details: #944

Goal: Within the PWA project, the concept of "modularity" should exist as a system through the Peregrine component library. Today, we have deployed these concepts through Venia but the long term vision is to pull universal data and functional components into Peregrine for reuse in OOB or Customized storefronts. Peregrine, therefore, will become a universal library of react components that contains all of the functionality/features necessary for creating a PWA storefront.