AUBURN HILLS, Mich., March 10, 2022 (GLOBE NEWSWIRE) — SPAR Group, Inc. (NASDAQ: SGRP), (“SPAR Group,” “SPAR” or the “Company”), a leading global merchandising provider, marketing, and distribution services with more than 25,000 team members deployed in nine countries, today announced a global partnership with Clear Box Retail, a leading provider of data visibility, business intelligence and action-oriented information.
“As SPAR continues to innovate and seek out businesses that deliver unique value to its customers, Clear Box Retail stands out as a strategic, data-driven technology platform provider. Providing our clients with data transparency and business intelligence, directly linked to optimizing better results, is essential for CPG companies. We look forward to working with the Clear Box Retail team to bring industry-leading solutions to market and create value for our shareholders. Mark Smith and his leadership team at Clear Box Retail bring exceptional and relevant senior experience to this partnership. We are thrilled at the opportunity to partner with them,” commented William Linnane, SPAR Group Strategy and Growth Director.
Mark Smith, CEO of Clear Box Retail said, “Our partnership and combined efforts with the SPAR Group will enable retail outlets to unlock sales and better serve their customers. We are confident in SPAR’s in-store merchandisers who consistently perform the actions identified by our data intelligence applications. Our technology platform, ClearView, will give SPAR merchandisers precise direction, as well as global visibility to head office and e-commerce teams. When action is taken, analysis of performance data continues to support clients’ strategy and generate a significant increase in sales and return on investment. SPAR Group’s global reach and deep understanding of the retail space, as well as its CPG performance, makes this partnership extremely strategic for Clear Box Retail.
SPAR Group has one of the most comprehensive technological solution suites; SPARview, in the market today, and Clear Box Retail are additional solutions to our portfolio of capabilities.
About Clear Box Retail
Clear Box Retail is a leading provider of action-driven technology solutions for CPG businesses. Their ClearView platform supports all business functions within their clients. Guided by business intelligence, an experienced management team, and a market-leading solution, they help CPG companies make a measurable impact in retail and online stores. The unique value they bring lies in their industry experience, collaborative approach and focus on business return for customers. For more information, please visit the Clear Box Retail website at www.clearboxretail.com
On STREAM Group
SPAR Group is one of the world’s leading merchandising and marketing services companies, providing a wide range of services to retailers, manufacturers and distributors worldwide. With over 50 years of experience, over 25,000 merchandising specialists worldwide, an average of over 200,000 store visits per week, and long-term relationships with some of the world’s leading manufacturers and retailers, we provide specialist capabilities in more than nine countries. . Our unique combination of scale, merchandising and marketing expertise, and our unwavering commitment to excellence sets us apart from the competition.
For more information, please visit the SPAR Group 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 whether they relate to future events, developments or results. and do not relate strictly to historical facts. All 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, but are not limited to, statements preceded by, followed by or including words such as believe, anticipate, expect, intend, plan, see, target or estimate, may, will, should, predict, possible, potential, continue, or strategy, and similar phrases. For example, our forward-looking statements include statements regarding our plans and expectations regarding the market needs of fulfillment center resources. 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 sections “Business”, “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K filed March 31, 2021, our First Amendment to such Annual Report filed April 29, 2021, our Amended Proxy Circular filed July 20, 2021, our Form 10 -Q for the last fiscal quarter and other filings we make from time to time with the Securities and Exchange Commission. We are under no obligation to issue any updates or revisions to any forward-looking statements contained in this press release to reflect events or circumstances after the date of this report and you should not expect us to let’s do it.
Commercial contact details:
Ron Lutz
Global Commercial Director
rlutz@sparinc.com
Tel: 704-450-1568
Investor contacts:
Three-Part Advisors, LLC
Sandy Martin/Philip Kupper
214-616-2207
Comments are closed.