SPAR Group appoints new president and CEO
WHITE PLAINS, N.Y. — SPAR Group, a supplier of retail merchandising, business technology and other marketing services in 10 countries throughout North America, Latin America, Asia Pacific and Africa, on Wednesday announced the appointment of Christiaan Olivier as president and CEO, and a member of its board of directors, effective Sept. 5, 2017. As CEO, Olivier will be responsible for the company’s global strategy and operations.
“After an extensive search, we've selected a leader with a proven track record of success in multiple areas including international business, sales, marketing, operations, technology and M&A," stated Robert Brown, chairman SPAR Group. "Chris has extensive experience in leading large and complex global organizations, and is a very prominent, and accomplished senior executive, with extensive experience and relationships in the global retail services and solutions industry. We are confident in his ability to lead SPAR’s global mission of being a solutions provider dedicated to helping clients get more out of the store.”
“I have known and followed SPAR Group for many years and am excited to join the team as President and CEO," Olivier said. "SPAR Group has a well-earned reputation of delivering exceptional service and is well-positioned to meet the demands of retailers and consumer packaged goods companies in an ever-changing multi-channel retail environment. I am enthusiastic about the opportunities to build upon the current infrastructure to profitably grow the business and shareholder value.”
Olivier has spent more than 25 years as a retail executive. He has successfully led large global organizations bringing positive transformation in strategy, business development, sales and marketing, operations and M&A. He most recently served as president of Retail Activation at Diversified Agency Services, Omnicom Group, a $15 billion global marketing services company. Olivier also served as president of Advantage Sales and Marketing, a $1 billion consumer products sales and marketing agency; as well as CEO Smollan Group, a sales and marketing services company with operations in Africa, China, Malaysia and Brazil.
Olivier earned a BA and MBA from the University of South Africa.
“I want to acknowledge Kori Belzer, who has done a tremendous job since stepping in to fill the President and CEO role in May.” Brown added. SPAR Group’s COO. Kori Belzer, has served as interim CEO since the company’s previous chief executive, Scott Popaditch, departed in May. "Chris will be a very effective CEO, as well as a great culture fit for SPAR,” said Belzer. “Chris brings deep retail merchandising experience, and strong leadership qualities. I look forward to working with him.”
Don’t believe the hype, retail is still a growth sector IHL Group reports
NASHVILLE – Retailers are opening 4,080 more stores in 2017 than they are closing and plan to open over 5,500 more in 2018, according to a new research report from IHL Group.
“The negative narrative that has been out there about the death of retail is patently false,” stated Greg Buzek, president of IHL Group. “The so-called ‘retail apocalypse’ makes for a great headline, but it’s simply not true. Over 4,000 more stores are opening than closing among big chains, and when smaller retailers are included, the net gain is well over 10,000 new stores," he said. "As well, through the first seven months of the year, retail sales are up $121.6 billion, an amount roughly equivalent to the total annual retail sales of The Netherlands.”
"Debunking the Retail Apocalypse," published Wednesday, reviewed more than 1,800 retail chains with more than 50 U.S. stores in 10 retail vertical segments. It found that for every chain with a net closing of stores, 2.7 companies showed a net increase in store locations for 2017.
According to the report, 42% of retailers have a net increase in stores in 2017, only 15% have a net decrease and 43% report no change. The three fastest growing core retail segments are mass merchandisers such as off-price retailers and dollar stores (+1,905 stores), convenience stores (+1,700 stores) and grocery retailers (+674 stores).
When it comes to chains shuttering stores, only 16 chains account for 48.5% of total number of stores closing. Five of these chains (Radio Shack, Payless Shoesource, Rue21, Ascena Retail and Sears Holdings) represent 28.1% of the total stores closing.
“Without question, retail is undergoing some fundamental changes. The days of ‘build it and they will come’ are over,” added Buzek. “However, retailers that are focusing on the customer experience, investing in better training of associates and integrating IT systems across channels will continue to succeed.”
Walgreens Boots Alliance intros CYO Cosmetics
NEW YORK — Walgreens Boots Alliance today has launched CYO, an exclusive makeup line designed for younger customers, featuring 160 items that can be mixed and matched.
The CYO portfolio includes eye shadows that can be used wet or dry for different effects, highlighting creams that can be mixed or layered for shimmer and an assortment of blushers. All items in the collection range in price from $3.50 to $7.50.
“CYO is challenging the norms of how beauty products are used — we’re giving makeup a shake up,” said Lauren Consiglio, Americas category director overseeing CYO Cosmetics. “We’ve created an edgy line that doesn’t break the bank and goes beyond your typical beauty boundaries. This is for the new generation of beauty lovers who want to create and recreate the many versions of themselves, we’ll never say ‘do this’ or ‘look like that’, instead we’ll produce high-quality, functional products, that let them experiment and have fun.”
Even the makeup brand’s name is customizable. According to the company, CYO stands for anything the customer wants it to stand for, such as “call your own,” “create your own” and “color your own.” Some of the collection’s daily makeup essentials and on-trend products for face, eye and lip include:
- Two-in-one lipstick and lip liners
- Highly pigmented metallic eye shadows that can be used as festival face paint
- Illuminating mixing creams to use under, over or mix with foundation
- Dual-ended highlight and contour sticks to sculpt and define
The company is leveraging #MIXLAYERHACK to emphasize the line’s versatility, reminding shoppers that they can mix, layer and hack their look. CYO Cosmetics is exclusively available online at Walgreens.com and at select Walgreens stores.