SPC Expands Lettershop Resources with the Acquisition of American Marketing Services

SG360°, marketing services provider and among the top three direct mail producers in the U.S., is excited to announce a significant move toward further expansion of their digital print platform to support evolving client, and broader marketplace, demand for more targeted, relevant marketing communications. SG360° is adding wide-web digital capability with full inline finishing to its growing digital print platform, which will deliver speed to market benefits and a broad range of formatting options, with full dynamic content possibilities. This will bring SG360° to have one of the most robust digital print offerings in the industry, with sights on further expansion.

R.R. Donnelley & Sons Company released its 2023 (Un)Packaging Reality Report, revealing how brands navigated last year’s market pressures and shortages to ease certain supply chain challenges and meet eCommerce demands. The second edition of RRD’s annual report now includes complementary input from label decision makers, in addition to the original audience of packaging decision makers. According to the report, those citing product-related concerns dropped to 20% from the previous 34% while concerns surrounding packaging materials and transportation also mellowed. Meanwhile, eCommerce orders rose for 60% of respondents. Despite this challenging environment, 77% claimed their organizations moved closer to sustainability goals.

Organic net sales increased 11.4%. The Business Services segment was up 14.3% on a GAAP basis while the Marketing Solutions segment was up 10.3% both on a GAAP organic basis from the second quarter of 2020. The Business Services segment experienced growth in several of our strategic focus areas including Packaging, Labels and Supply Chain Management. Net sales in Marketing Solutions also experienced growth, led by higher volumes in Digital Print and Fulfillment and Direct Marketing, partially offset by last year’s Census project, which was completed in mid-2020. Income from operations was $28.2 million in the second quarter of 2021 compared to loss from operations of $19.0 million in the second quarter of 2020. The second quarter of 2021 included net restructuring, impairment and other charges of $9.7 million, a decrease of $18.7 million from the prior year period primarily due to lower consulting and employee termination costs.