Issue with `compression-webpack-plugin` when starting webpack

[gglee89]

Two apparently version related issues with the compression-webpack-plugin:

When this error occurs:
Starting webpack to start the web server.

(1st) Error: node-zopfli not found

Existing Version
{
    "compression-webpack-plugin": "^0.4.0",
}

(2nd) Algorithm not found in zlib

Updated Version
{
    "compression-webpack-plugin": "^1.0.0",
}

The first error get fixed with the version update of the compression module, however a second error now occurs.
By googling a possible solution: webpack/compression-webpack-plugin#76

(Pending Solution)
As a temporary fix, just to get the project running, I've removed new CompressionPlugin entirely from Webpack's file shared.webpack.config.js.