Acosta and Premium Retail Services Join Hands To Offer Progressive Retail Solutions
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Acosta and Premium Retail Services Join Hands To Offer Progressive Retail Solutions

By CIOReview | Friday, November 26, 2021

The addition of Premium Retail Services will contribute to Acosta's ability to fulfill its mission of connecting people with the brands they love.

Fremont, CA: Retailers with an omnichannel presence can increase availability, drive sales and traffic, and combine digital touchpoints. An omnichannel retail strategy enhances the consumer experience and expands the number of buying channels available to customers–whether on mobile, online or in stores. Premium Retail Services (Premium), a major provider of tech-enabled retail merchandising, in-store sales and training, advanced analytics, and other purpose-built solutions for omnichannel retail, has signed a definitive agreement to be owned by Acosta. The acquisition is just another step in Acosta's continuous commitment to providing its clients with an unrivaled range of modern service options. The combination of Acosta and Premium will give exceptional insights and execution to both companies' clients in order to improve sales and win in the modern retail environment.

Premium Retail Services (Premium), a major provider of tech-enabled retail merchandising, in-store sales and training, advanced analytics, and other purpose-built solutions for omnichannel retail, has signed a definitive agreement to be owned by Acosta. The acquisition is just another step in Acosta's continuous commitment to providing its clients with an unrivaled range of modern service options. The combination of Acosta and Premium will give exceptional insights and execution to both companies' clients in order to improve sales and win in the modern retail environment.

Despite the fact that Acosta and Premium will provide a unified portfolio of services to clients, each brand will maintain its own identity in the marketplace. Acosta's combined workforce of almost 30,000 people will continue to deliver customers with the high quality of service and innovative solutions that they have come to expect from both organizations, thanks to the addition of more than 9,000 Premium employees. Acosta's expertise in business solutions, consumer marketing, retail services, and eCommerce helps the foodservice and retail industries in North America succeed.