Fortune 1000 company moves headquarters from California to St. Louis

Advantage Solutions
Photo credit Advantage Solutions

ST. LOUIS (KMOX) - A Fortune 1000 company is set to move their headquarters from California to St. Louis soon.

Advantage Solutions, an advertising services company partially known for those product sampling booths in grocery stores, announced that the company is set to move their global headquarters to the Commerce Bank Tower in Clayton, Missouri. The relocation will take place in the first quarter of 2024.

Advantage Solutions, who have around 60,000 workers worldwide says they will use the new headquarters as a collaboration hub to develop innovative new strategies for the world's largest consumer goods companies and retailers.

“St. Louis is one of the great cities in the U.S., boasting top universities, a diverse talent pool, affordable living, and a central location that will foster more frequent, in-person connections with our teammates and our brand and retail clients,” said Advantage Solutions CEO Dave Peacock in a statement. “We’re excited to tap into St. Louis’ deep talent pool to fuel our purpose of connecting people with products and experiences that enrich their lives.”

The company says it will also be an active corporate citizen, with plans to invest in new programs aimed at benefitting the St. Louis community, centered on economic empowerment by creating equitable opportunities for diverse talent to lead and grow.

The company move to St. Louis will mark a return for Peacock, who does have ties to St. Louis. Peacock was former President and COO of Schnuck Markets, Inc. and President of Anheuser-Busch. He was also the man who was previously tasked by then-Missouri Gov. Jay Nixon in 2014 to try to keep the Rams football team from moving to California.

Featured Image Photo Credit: Advantage Solutions