PIA Merchandising Services Inc.

The Irvine marketing company recorded a net loss of $2.5 million, or 45 cents a share, for the second quarter ended July 2, contrasted with net income of $76,000, or 1 cent a share, for the 1998 second quarter. Revenue was down 37% to $21.2 million. On July 8, PIA merged with SPAR Cos. to form SPAR Group Inc., based in New York.