Stran wins multi-year grocery retailer uniform contract
Stran & Company (NASDAQ: SWAG) announced it secured a three-year uniform contract with a U.S. grocery retailer expected to generate six-figure annual revenue, according to a company press release.
The promotional products company also obtained several uniform and promotional product orders from regional grocery operators. These contracts represent recurring revenue streams for the Quincy, Massachusetts-based firm.
"We are seeing strong demand from grocery and consumer retail customers seeking scalable, end-to-end promotional solutions," said Andy Shape, President and CEO of Stran. "These recent wins are particularly meaningful as they reflect our ability to secure multi-year, programmatic business with large, sophisticated operators while continuing to generate consistent project-based revenue across the sector."
Stran provides marketing solutions including promotional products, branded merchandise, and loyalty incentive programs. The company serves Fortune 500 clients across various industries for promotional marketing, loyalty programs, and sponsorship activation campaigns.
The uniform contract establishes a foundation for potential program extensions, refresh cycles, and additional branded merchandise initiatives across the retailer's store network, according to the company statement.
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