Spar Group Inc is a global provider of marketing and merchandising services that supports retail brands and manufacturers in maximizing their sales and market presence. The company specializes in in-store merchandising, category management, and promotional execution, providing a range of solutions that enhance product visibility and customer engagement. With a focus on delivering operational efficiency and measurable results, Spar Group partners with various retailers to ensure that products are well-represented and effectively marketed in the competitive retail environment. Their expertise allows clients to optimize their sales strategies and improve the overall shopping experience for consumers. Read More
SPAR Group, Inc. (NASDAQ: SGRP), a leading global provider of merchandising, marketing and retail solutions, announced that 40-year retail and distribution industry veteran James Gillis is Executive Chairman, effective immediately. Gillis will join recently named President William Linnane in leading and overseeing the organization.
SPAR Group (“SGRP” or the “Company”), an innovative services company offering comprehensive merchandising, marketing and distribution solutions to retailers and brands across North America, today announces strategic and leadership advancements. Commencing a new chapter for SPAR Group, management anticipates outperforming key financial metrics in 2026, following nearly two years of strategic alternatives work, the divestment of offshore businesses and the repositioning of its operations. The Company recently named William Linnane as President, based on his demonstrated strategic leadership. Linnane has consistently delivered robust revenue goals while driving a strong sales pipeline across the Company’s core markets, along with disciplined expense control throughout the organization.
SPAR Group today announced that Mike Matacunas, President & Chief Executive Officer (CEO), will retire from the company in October 2025, after nearly five years of exceptional leadership in the role. William Linnane, SPAR Group’s Chief Strategy and Growth Officer, has been appointed President, effective immediately. In addition, Kori Belzer, Global Chief Operating Officer, is retiring and Ron Lutz, Global Chief Commercial Officer, will transition to an executive advisor to the company as of August 29, 2025.
SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a provider of retail and brand services, announced today that an investor group made up of high-net worth individuals that supported the previously terminated Highwire Capital transaction have invested $440,000 in cash to acquire 220,000 SPAR shares for $2.00 per share. The transaction was completed by issuing shares of the Company’s common stock from treasury.
A new consumer study conducted by SPAR Group, Inc. reveals that product availability is the single most important factor for shoppers when choosing to shop in-store, with 74% of respondents citing it as their top priority. At the same time, 73% of shoppers identify out-of-stocks as a leading barrier to the in-store experience, underscoring the critical need for retailers to maintain well-stocked shelves.
SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Corporation”), a provider of retail and brand services, is proud to announce the relocation of its corporate headquarters to Charlotte, North Carolina. This move places the company in one of the country’s fastest growing cities with a vibrant tech sector, business-friendly environment, access to great talent and a highly-connected international airport.
SPAR Group, Inc. (NASDAQ: SGRP) (“SGRP”, “SPAR Group” or the “Corporation”), a provider of merchandising, marketing and distribution services, in response to media and investor inquiries, announced today that it received a Third Extension of Amended and Restated Commitment Letter for the financing required under the merger agreement with Highwire Capital extending the Commitment Termination Date to March 17, 2025. All other terms and conditions set forth in the Commitment Letter remain unchanged.
SPAR Group, Inc. (NASDAQ: SGRP) (“SGRP”, “SPAR Group” or the “Corporation”), a provider of merchandising, marketing and distribution services, in response to media and investor inquiries, announced today that it received an Amended and Restated Commitment Letter for the financing required under the merger agreement with Highwire Capital extending the Commitment Termination Date to February 15, 2025. All other terms and conditions set forth in the Commitment Letter remain unchanged.
Seven in 10 consumers are familiar with the use of Artificial Intelligence at the retail locations where they shop and more than half have a positive impression of the technology. Shoppers are looking for wider deployment of AI-supported services like in-aisle promotions, product information, no-stop checkout and in-store digital assistants. On the retailer side, three-quarters of companies say AI has had a positive impact on their store operations, both at improving efficiency and keeping products stocked. A new SPAR Group survey on the impact of AI at the store level shows that both retailers and consumers believe AI has the potential to make shopping easier, drive stronger brand reputation and improving the experience for both buyers and sellers.
SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a provider of merchandising, marketing and distribution services, today announced that its stockholders approved at a special meeting the acquisition of SPAR Group by Highwire Capital (“Highwire Capital”).
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SPAR Group, Inc. (NasdaqCM: SGRP) to Highwire Capital. Under the terms of the proposed transaction, shareholders of SPAR will receive $2.50 in cash for each share of SPAR that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Toronto, Canada, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Apollo Technology Capital Corp. (“Apollo Capital” or “we”), today expressed its concerns about the proposed take-private of SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”) by Highwire Capital ("Highwire"), a middle-market private equity firm focused on performing leveraged buy-outs, and discloses the intent of its Chairman and CEO, a stockholder of SPAR, to vote against the transaction at the upcoming special meeting of SPAR stockholders.
NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
BALA CYNWYD, Pa., June 18, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
