SPAR Group Announces Partnership with Sales Services International
January 23 2018 - 8:00AM
SPAR Group, Inc. (Nasdaq:SGRP), a leading supplier of retail
merchandising, business technology and other marketing services in
ten countries throughout North America, Latin America, Asia Pacific
and Africa, today announced a global partnership with Sales
Services International (SSI), a pan-European network of independent
agencies that provides merchandising and field marketing services
to 26 countries in Europe.
The partnership makes SPAR Group the
representative agency for the SSI network in all countries where
SPAR operates and expands the reach of SPAR to 36 countries
worldwide, including all of Europe. As a member of SSI, SPAR
will now be able to actively pursue and participate in global
initiatives and opportunities for brands and retailers
worldwide.
“We are thrilled to become a member of SSI,”
commented Christiaan Olivier, Chief Executive Officer of SPAR
Group. “They have shown that independent agencies can be a
force in a region by working together cooperatively for the benefit
of the client and have consistently become a leading agency in
their respective countries. The SSI members provide a guarantee for
top quality, effectiveness and tailor-made actions, making a
difference for their clients across Europe.”
“SPAR Group is known for consistently delivering
high quality service across multiple geographies and we are excited
to welcome them into the SSI family. The addition of SPAR
Group’s presence in North and Latin America, Asia and Africa
considerably expands the reach of the SSI network outside of
Europe," said Dieter Stempel, President of SSI.
About SPAR Group
SPAR Group, Inc. is a diversified international
merchandising and marketing services Company and provides a broad
array of services worldwide to help companies improve their sales,
operating efficiency and profits at retail locations. The Company
provides merchandising and other marketing services to
manufacturers, distributors and retailers worldwide and coordinates
the operations through the use of multi-lingual proprietary
technology which drives the logistics, communication and reporting
for global operations and customers. SPAR works primarily in
mass merchandiser, office supply, value, grocery, drug,
independent, convenience, toy, home improvement and electronics
stores, as well as providing furniture and other product assembly
services, audit services, in-store events, technology services and
marketing research. The Company has supplied these project and
product services in the United States since certain of its
predecessors were formed in 1979 and internationally since the
Company acquired its first international subsidiary in Japan in May
of 2001. Product services include restocking and adding new
products, removing spoiled or outdated products, resetting
categories "on the shelf" in accordance with client or store
schematics, confirming and replacing shelf tags, setting new sale
or promotional product displays and advertising, replenishing
kiosks, providing in-store event staffing and providing assembly
services in stores, homes and offices. Audit services include price
audits, point of sale audits, out of stock audits, intercept
surveys and planogram audits. Other merchandising services include
whole store or departmental product sets or resets (including new
store openings), new product launches, in-store demonstrations,
special seasonal or promotional merchandising, focused product
support and product recalls. The Company currently does business in
ten countries that encompass approximately 50% of the total world
population through its operations in the United States, Canada,
Japan, South Africa, India, China, Australia, Mexico, Brazil and
Turkey. For more information, please visit the SPAR Group's
website at http://www.sparinc.com.
About Sales Services
International
Sales Services International (SSI) is a
pan-European network of independent agencies that provide field
marketing services across Europe. SSI offers services
including sales forces, merchandising, promotions and audits. SSI
works across a range of products and sectors from fast-moving
consumer goods to technology products, financial services, telecom
and more. With over €350m of accumulated revenue from its members
and more than 42,000 people on the field, SSI is the European
leading provider of field marketing services with an expertise in
developing and executing multi-country projects, bringing
operational consistency, process and cost optimizations and
increased sales to its customers. For more information, please
visit the SSI’s website at www.ssinetwork.com.
Company Contact:
James R. Segreto
Chief Financial Officer
SPAR Group, Inc.
(914) 332-4100
Investor Contact:
Dave Mossberg
Three Part Advisors
(817) 310-0051
Spar (NASDAQ:SGRP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Spar (NASDAQ:SGRP)
Historical Stock Chart
From Apr 2023 to Apr 2024