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Feb 03, 2012

Acosta Completes Acquisition of Griffin Strategic Advisors

PrintAcosta Completes Acquisition of Griffin Strategic Advisors  

JACKSONVILLE, Fla. -- Acosta Sales & Marketing, a full-service sales and marketing agency in the consumer packaged goods industry that serves convenience stores, has put the finishing touches on its acquisition of Griffin Strategic Advisors LLC.

Griffin is a comprehensive strategy and operations managements consulting firm, specializing in helping organizations improve profitability and accelerate growth.

With the deal now completed, Griffin will combine with Acosta's Marketing Group (AMG) to form AMG Strategic Advisors. Griffin's co-founder Carrie Shea will lead the new division. In her new role, Shea will report to Ramin Eivaz, Acosta's chief marketing officer, and serve as president of AMG Strategic Advisors.

"We are pleased to announce that Griffin is joining forces with us," said Robert Hill, Acosta president and CEO. "Griffin's capabilities in growth strategy, brand positioning, shopper and marketing insights, and operational consulting nicely dovetails with AMG's rich insight and data analysis capabilities. This acquisition will enable us to leverage and expand our consulting capabilities to better serve our clients."

Griffin will continue to use the Griffin Strategic Advisors name for non-CPG clients and industries.

"Our strategic alignment with one of North America's leading outsourced sales, marketing and service companies will allow us to better serve our clients by augmenting our growth strategy work with superior data, [and] strong analytical and proprietary shopper and consumer insights," Shea explained. "We consider this acquisition a tremendous opportunity for both our clients and employees, as well as for Acosta's clients."

 








Find Reports & Data

CSNews' 2011 Realities of the Aisle Consumer Study

Consumers are shopping convenience stores slightly more often than they were a year ago, but the nation’s economic doldrums continue to be a drag on spending, according to Convenience Store News’ annual consumer study – Realities of the Aisle 2011.

CSNEWS 2011 Foodservice Study

After reporting a 6.1-percent sales increase in 2010, convenience store retailers expect to generate increased sales and profits from their foodservice operations this year.

CSNews' 2011 Industry Report Study

The convenience store industry had a good year last year. The 13.5 percent total industrywide sales increase was a big improvement over the more than 20-percentage point drop in 2009.

CSNews 2011 New Products Scorecard

The success rates for new items introduced to the convenience store industry last year were down in all seven major product categories tracked in the Convenience Store News New Product Scorecard, but retailers nevertheless increased the number of new items on their shelves and increasingly relied on store associates to make consumers aware of those products.

CSNews 2011 Industry Forecast Study

Although the recession is officially over, consumers in the U.S. remain “mad as hell” and “frustrated” by the slow pace of recovery.



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