{"id":454003,"date":"2021-03-09T11:58:43","date_gmt":"2021-03-09T16:58:43","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454003"},"modified":"2021-03-09T11:58:43","modified_gmt":"2021-03-09T16:58:43","slug":"express-tops-off-monumental-year-with-sales-up-10-in-q4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/express-tops-off-monumental-year-with-sales-up-10-in-q4\/","title":{"rendered":"Express Tops Off Monumental Year with Sales Up 10% in Q4"},"content":{"rendered":"
\n

\n
\n Global Expansion, Numerous Awards and New Franchise Owners<\/em>
\n <\/strong>\n <\/p>\n

TORONTO, March 09, 2021 (GLOBE NEWSWIRE) — In a year filled with global economic uncertainty, international staffing giant Express Employment Professionals finished 2020 on a high note with sales up 10% in Q4, 61 total franchise agreements signed and numerous awards for industry recognition.<\/p>\n

Early in the year, the company announced the acquisition of Frontline Recruitment Group, a direct-hire staffing firm in Australia and New Zealand and is now expanding Express Employment Professionals franchises in the region.<\/p>\n

When the COVID-19 pandemic hit in March 2020, Express leadership pivoted all efforts to support franchisees, ensuring their survival through a once-in-a-lifetime event. This included temporarily adjusting the royalty agreement between the franchisor and its more than 830 franchises and other cost savings for franchisees.<\/p>\n

\u201cWhile we hoped it would never be necessary, years of preparation and a strong business continuity plan ensured that Express would not only survive this pandemic but thrive as industry leaders,\u201d Express CEO Bill Stoller said. \u201cOur amazing network of franchisees came to the table daily with ideas and support for their fellow business owners, creating an encouraging environment for each other in even the toughest times.\u201d<\/p>\n

These efforts, combined with a focus on staffing essential businesses, propelled job openings to above pre-pandemic levels by the end of summer with sales steadily climbing to record levels year-over-year. At the end of January 2021, sales were up over the previous year by nearly 15%.
Express sales topped out at $3.23 billion for 2020 and Express Employment placed a total of 526,000 employees at client companies.<\/p>\n

As sales continued to grow, Express was also recognized with several industry accolades, including:<\/p>\n