Royal Buying Group Named to Crain's Chicago Business 'Fast Fifty'
Honored for "satisfying clients' appetite for supplier savings"
LISLE, Ill. -- Royal Buying Group Inc. (RBG) has been ranked 19th in the Crain's Chicago "Fast Fifty" by Crain's Chicago Business.
The publication also ranked RBG the 6th fastest growing company in 2012 and 2008.
"It is such an honor to be recognized as a 'Fast Fifty' company in the Chicago area," said Angela Angelilli, executive vice president of sales of for RBG. "[It's] a great testament of all the hard work and consistent efforts towards business excellence provided by our team. We are proud to be included in this recognition."
Royal Buying Group Inc.
Where: Lisle, Ill.
2013 revenue: $356.8 million.
Five-year growth: 278%.
Local employees: 35.
Worldwide employees: 35.
What it does: Sells gift cards, marketing services and training programs to convenience stores and their suppliers.
How it grew: Satisfying clients' appetite for supplier savings.
Last year, Royal Performance Group, the company's gift card division, grew thanks to the increased popularity of its biggest account, the Shell gift card, and new accounts representing the likes of Target and Subway. The convenience store division also had a good year under new leadership that streamlined the marketing strategy.
Based in Lisle, Ill., RBG is a national organization dedicated to maximizing sales and profitability of convenience stores, petroleum locations, college book stores, truckstops/travel plaza centers, auto repair facilities, drug stores, tobacco outlets, and liquor stores. Recently named to the 2008, 2007, and 2003 Inc. 500, and the 2010, 2009, and 2006 Inc. 5000, RBG now represents more than 6,500 locations nationwide. Its core service capabilities include negotiating with regional and national suppliers for impactful and competitive sales and marketing programs and providing category management expertise, marketing support and customer service support for its membership.