TNG GP invests in Retail Merchandising Solutions Inc.
Smyrna, Ga.-based TNG GP, a supplier of periodicals and general merchandise products, as well as merchandising and logistics services throughout the United States, and Retail Merchandising Solutions Inc. (RMSI), a Livermore, Calif.-based provider of merchandising and logistics services, including new store and remodeled store setups, reset services and new item cut-ins, announced a strategic investment by TNG in RMSI.
The investment will advance RMSI’s strategy to expand the geographic breadth and comprehensive reach of its retail execution service offerings through access to TNG’s financial and structural merchandising support. Meanwhile, TNG will have an additional revenue stream and will be able to accelerate its diversification efforts. RMSI will continue to operate under its existing name/brand, and report results on a standalone basis, as an affiliate of TNG, the companies said.