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SPAR Group Named Consumer Products Group Partner of the Year by Health MartŪ
Tarrytown, NY - Tuesday, June 18, 2010 - SPAR Group, Inc. (NASDAQ:
SGRP) (the "Company" or "SPAR"), a leading supplier of retail merchandising and
other marketing services throughout the United States and internationally,
today announced that the Company has been named Consumer Products Group Partner
of the Year by Health MartŪ. SPAR Group is the inaugural recipient of this
award.
SPAR Group has
been Health Mart's dedicated marketing and merchandising services partner for
the past four years, servicing more than 2,600 Health MartŪ stores in all 50
states. Part of the Company's services include consumer product planograms
consisting of new product cut-ins of over 188,000 new items each year,
implementing over 46,000 category resets each year and completing over 30,000
annual visits and over 125,000 in-store hours.
"It is with
great honor that we accept Health Mart's inaugural Consumer Products Partner of
the Year award," stated Gary Raymond, President and Chief Executive Officer of
SPAR Group. "This acknowledgment celebrates the hard work, dedication and
quality of work of our team, where we are committed to increasing our clients'
total sales, reducing out of stocks and increasing profits. We look forward to
continuing the working relationship we have had with Health Mart over the past
four years and for many years to come."
"SPAR Group is a
tremendous partner in helping Health Mart to expand its national network of
more than 2,600 locally owned pharmacies," says Tim Canning, President, Health
Mart. "SPAR delivers first class merchandising and marketing services to Health
Mart independent pharmacies that enable them to grow their business and provide
exceptional patient care. Health Mart recognizes the value that SPAR brings to
the Health Mart network."
About Health
Mart
Health Mart is
America's fastest-growing independent pharmacy network with 2,600 locally owned
community pharmacies in all 50 states. Health Mart was awarded the highest
customer satisfaction ranking among chain drug stores in the J.D. Power and
Associates 2009 National Pharmacy StudySM1. Health Mart pharmacists provide
personalized care and take the time to help patients understand their
prescription drug coverage, how to safely manage multiple medications, improve
their health through diet and exercise, and how to take advantage of lower-cost
medication options and prescription discount cards. As an important member of
the healthcare team, Health Mart pharmacists possess strong clinical knowledge
and partner with their patients, and their patients' other healthcare
providers, to help them manage and improve their health. Visit
www.healthmart.com to find a Health Mart pharmacy near
you.
About SPAR Group
SPAR Group, Inc.
is a diversified international merchandising and marketing services company
that provides a broad array of services worldwide to help companies improve
their sales, operating efficiency and profits at retail locations. SPAR Group
provides product services, project services, in-store events, radio frequency
identification ("RFID"), technology services and marketing research covering
all product and trade classifications, including mass market, drug store,
convenience store and grocery chains. Product services include product
additions; placement, reordering, replenishment, labeling, evaluation and
deletions, and project services include seasonal and special product
promotions, product recalls and complete setups of departments and stores. The
company operates throughout the United States and internationally in 11 of the
most populated countries, including China and India. For more information,
visit the SPAR Group's Web site at
www.sparinc.com.
Certain
statements in this news release and such conference call are forward-looking,
including (without limitation) growing revenues and profits through
acquisitions, attracting new business that will increase SPAR Group's revenues,
continuing to maintain costs and consummating any transactions. Undue reliance
should not be placed on such forward-looking statements because the matters
they describe are subject to known and unknown risks, uncertainties and other
unpredictable factors, many of which are beyond the company's control. The
company's actual results, performance and trends could differ materially from
those indicated or implied by such statements as a result of various factors,
including (without limitation) the continued strengthening of SPAR Group's
selling and marketing functions, continued customer satisfaction and contract
renewal, new product development, continued availability of capable dedicated
personnel, continued cost management, the success of its international efforts,
success and availability of acquisitions, availability of financing and other
factors, as well as by factors applicable to most companies such as general
economic, competitive and other business and civil conditions. Information
regarding certain of those and other risk factors and cautionary statements
that could affect future results, performance or trends are discussed in SPAR
Group's most recent annual report on Form 10-K, quarterly reports on Form 10-Q,
and other filings made with the Securities and Exchange Commission from time to
time. All of the company's forward-looking statements are expressly qualified
by all such risk factors and other cautionary statements.
| Contact: |
SPAR Group, Inc. |
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James R.
Segreto, Chief Financial Officer |
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(914) 332-4100 |
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Alliance
Advisors, LLC Inc. |
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Investors: |
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Alan
Sheinwald, President |
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(914)
669-0222 |
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Mark McPartland,
Vice President |
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(910)
686-0455 |
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