SPAR Group, Inc. and its subsidiaries operate as an international merchandising and marketing services company. The company provides its merchandising and other marketing services to manufacturers, distributors and retailers worldwide, primarily in mass merchandisers, office supply, grocery, drug store, dollar, independent, convenience, toy, home improvement and electronics stores. It also provides furniture and other product assembly services in stores, homes and offices. The company’s merchandising services primarily consist of regularly scheduled, special project and other product services provided at store level, and it might be engaged by either the retailer or the manufacturer. Those services might include restocking and adding new products, removing spoiled or outdated products, resetting categories ‘on the shelf’ in accordance with client or store schematics, confirming and replacing shelf tags, setting new sale or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, demonstrating or promoting a product, providing on-site audit and in-store event staffing services and providing product assembly services in stores, homes and offices. The company’s other merchandising services include whole store or departmental product sets or resets, including new store openings, new product launches and in-store demonstrations, special seasonal or promotional merchandising, focused product support and product recalls. The company continues to seek to expand its merchandising, assembly and marketing services business throughout the world. The company's operations are divided into two divisions, Domestic and International. The company's Domestic division provides merchandising and marketing services, furniture and other product assembly services, audit services, and technology services to manufacturers, distributors and retailers in the United States. Those services are primarily performed in mass merchandisers, office supply, grocery, drug store, home improvement, convenience, office supply, toy and electronics stores. The company's International division provides similar merchandising, marketing services and in-store event staffing through subsidiaries in Japan, Canada, South Africa, India, China, Australia, Mexico, and Turkey. The company operates in nine countries that include approximately 50% of the total world population. The company provides six principal types of merchandising and marketing services, such as syndicated services, dedicated services, project services, assembly services, audit services, and in-store event staffing services. Syndicated Services Syndicated services consist of regularly scheduled, routed merchandising and marketing services provided at the retail store level for retailers, manufacturers, and distributors. These services are performed for multiple manufacturers and distributors, including in some cases, manufacturers and distributors whose products are in the same product category. Syndicated services might include activities, such as reordering and replenishment of products; ensuring that the company's clients' products authorized for distribution are in stock and on the shelf or sales floor; adding new products that are approved for distribution but not yet present on the shelf or sales floor; implementing store planogram schematics; setting product category shelves in accordance with approved store schematics; ensuring that product shelf tags are in place; checking for overall salability of the clients' products; placing new product and promotional items in primary positions; and kiosk replenishment and maintenance. Dedicated Services Dedicated services consist of merchandising and marketing services, which are performed for a specific retailer or manufacturer by a dedicated organization, sometimes including a management team working for that retailer or manufacturer. These services include majority of the above activities detailed in syndicated services, as well as new store set-ups, store remodels and fixture installations. These services are primarily based on agreed-upon rates and fixed management fees. Project Services Project services
spar group inc (SGRP:NASDAQ CM)
333 Westchester Avenue
White Plains, NY 10604
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