SPAR Group Expands Distribution Staffing Services Business

Rhea-AI Summary

SPAR Group, Inc. (NASDAQ: SGRP) announced an investment to expand its distribution center staffing services in response to increased online sales. Chief Strategy and Growth Officer, William Linnane, highlighted a growing demand for distribution center resources, prompting an expansion of U.S. capacity and operational leadership. SPAR differentiates itself by connecting distribution center resources with store needs, offering tailored staffing solutions for a range of operations including inventory services and seasonal projects. The company leverages over 40 years of experience in merchandising and marketing services.

Positive

• Expansion of distribution center staffing services to meet growing demand due to online sales.
• Investment in U.S. capacity and operational leadership to enhance service offerings.
• Unique approach linking distribution center resources with retail store needs.

Negative

• None.

AUBURN HILLS, Mich., Oct. 19, 2021 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (NASDAQ: SGRP), a leading global provider of merchandising and marketing services, today reported an investment in a larger team and resources to provide expanded distribution center staffing services to retailers and consumer goods companies.

“The accelerated growth of online sales has increased demand for distribution center resources. With many years of experience providing services to merchants, we are expanding our business to serve clients in both stores and distribution centers – everywhere they need us,” said William Linnane, Chief Strategy and Growth Officer. “We have been working in distribution centers for the last several years, but we recognize the new market need and focus; and have expanded our US capacity and operational leadership. Whether it’s a special project, eCommerce omni-channel fulfillment or seasonal needs, we have resources to help.”

SPAR’s national Distribution Services business provides dedicated staff that deliver resources based on the client. Different from traditional DC staffing companies, SPAR’s approach can connect DC resources with store needs. In addition, SPAR can provide strong distribution center experience to ensure the right resources are available. SPAR services range from: Inbound, Put-away, Picking, Packing, Shipping, Returns Processing, Inventory services and more. Depending on the individual distribution center requirement, SPAR customizes programs to be optimally effective with short-term resources, special project completions or long-term labor solutions.

If you have a Distribution Center resource solution question; please contact SPAR Group customer service 248-364-8415 or email us at WeNeedDCHelp@sparinc.com

About SPAR Group

SPAR Group is a leading global merchandising and marketing services company, providing a broad range of services to retailers, manufacturers and distributors around the world. With more than 40 years of experience, 25,000+ merchandising specialists around the world, an average of 200,000+ store visits a week and long-term relationships with some of the world’s leading manufacturers and retail businesses. SPAR Group provides specialized capabilities across 9 countries and 4 continents.

For more information, please visit the SPAR Group's website at http://www.sparinc.com.

Forward-Looking Statements

Our press release contains "forward-looking statements" as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they address future events, developments or results and do not relate strictly to historical facts. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements include, without limitation, statements preceded by, followed by or including words such as believe, anticipate, expect, intend, plan, view, target or estimate, may, will, should, predict, possible, potential, continue, or strategy, and similar expressions. For example, our forward-looking statements include statements regarding our plans and expectations regarding Distribution Center resource market needs. These statements are subject to risks and uncertainties. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the "Business," "Risk Factors," and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections in our Annual Report on Form 10-K filed March 31, 2021, our First Amendment to that Annual Report filed on April 29, 2021, our amended Proxy Statement filed on July 20, 2021, our Form 10-Q for the most recently ended fiscal quarter and other filings we make from time to time with the Securities and Exchange Commission. We are not obligated to release update or publicize any revisions to any forward-looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.

FAQ

What is SPAR Group's recent investment related to?

SPAR Group is investing in expanding its distribution center staffing services to meet increased demand from online sales.

What services does SPAR Group offer in distribution centers?

SPAR Group provides various services including inbound, put-away, picking, packing, shipping, and inventory management tailored to distribution center needs.

When was SPAR Group's announcement made?

The announcement was made on October 19, 2021.

How does SPAR Group differentiate itself from traditional staffing companies?

SPAR Group connects distribution center resources with retail store needs, offering customized staffing solutions for various operational requirements.

What is SPAR Group's stock symbol?

SPAR Group is listed on NASDAQ under the symbol SGRP.