Remodel Merchandiser

ReposiTrak and SPAR launch Touchless Retail professional merchandising. August 19, 2026 | 3 min to read SALT LAKE CITY - ReposiTrak has announced the launch of Touchless Retail(TM), a new in-store merchandising solution with SPAR Group that gives brands access to professional merchandising services at a fixed rate that is typically about half the cost of traditional merchandising programs. Touchless Retail is designed to make retail execution more affordable, predictable and effective by combining an elite team of merchandising professionals with demand data-driven automated ordering. Together, the capabilities help ensure the right product is ordered, available and properly presented at the shelf. "Getting product into the store is only half the battle. If it isn't on the shelf and properly merchandised, it can't sell," said Randy Fields, chairman and CEO of ReposiTrak. "Touchless Retail brings together demand-driven automated ordering and professional in-store execution so suppliers can improve availability and merchandising while typically spending about 50% less than they would with traditional merchandising programs." Touchless Retail can support a variety of in-store merchandising activities, including product placement, shelf replenishment, display maintenance, product rotation and other retail execution needs. The merchandising component is supported by automated ordering driven by actual demand data, helping suppliers better align replenishment with store-level sales activity. Rather than relying solely on scheduled visits or manual ordering decisions, Touchless Retail uses demand signals to support more precise replenishment while professional merchandisers help ensure available inventory makes it onto the shelf. "Combining ReposiTrak's best-in-class data capabilities with SPAR's professional merchandising expertise creates a reliable, consistent approach to in-store execution that helps brands drive sales and improve performance," said William Linnane, CEO of SPAR Group. "Touchless Retail delivers that execution through our most productive merchandisers - at a significantly more cost-effective rate." Importantly, suppliers do not need to participate in ReposiTrak Scan-Based Trading to use Touchless Retail. The merchandising and automated ordering capabilities can support suppliers independently, allowing brands to improve store-level execution without changing how they currently transact with retailers. For suppliers that do participate in ReposiTrak's Scan-Based Trading and other supply chain solutions, Touchless Retail can further connect store-level sales and inventory visibility with automated replenishment and professional in-store execution, creating a more coordinated approach to keeping products available and ready for shoppers. The fixed-rate model provides an alternative to traditional merchandising programs where variable labor rates, travel expenses and other charges can make the true cost of store visits difficult to predict. By significantly reducing the cost of professional merchandising and combining it with demand-driven ordering, Touchless Retail can make it economically practical for brands to increase store coverage while improving replenishment effectiveness. For suppliers managing products across hundreds or thousands of retail locations, the combination can help reduce out-of-stocks, improve shelf availability, maintain displays, refresh inventory and better align product flow with actual consumer demand. About ReposiTrak. ReposiTrak, Inc. (NYSE: TRAK) is an AI-powered, integrated platform that connects retailers, wholesalers, suppliers, and food manufacturers through a suite of applications designed to reduce risk, support regulatory compliance, strengthen operational controls, and protect brand integrity. The ReposiTrak platform serves as a shared system of record across its solution areas, maintaining and synchronizing complex supplier and customer data to enable secure, accurate, and scalable information exchange. ReposiTrak's solutions are organized into three core product families: traceability, compliance and risk management, and supply chain solutions. Through its scalable, cloud-based platform and U.S.-based team of experts, the Company helps organizations streamline operations, improve data transparency, and meet evolving regulatory requirements across the food supply chain. About SPAR Group. SPAR Group, Inc. (OTCQB: SGRP) is a leading provider of retail merchandising, marketing and execution services for consumer goods companies and retailers. SPAR combines experienced merchandising teams with technology-enabled insights to help clients improve in-store execution, increase sales, grow profitability and operate more efficiently. Its services include merchandising, resets, remodels, product launches, display execution, shelf stocking and other retail support programs delivered at scale.

Spar chair and deputy resign with immediate effect. Lwazi Koyana takes over as interim chair as the retailer launches a formal search for new board members. Both Mike Bosman (pictured) and Shirley Zinn concluded that stepping down is in the company's best interests. Image: Bloomberg Spar Group has announced the immediate resignation of independent non-executive chair Mike Bosman and deputy chair Shirley Zinn, effective 17 August 2026. To maintain continuity, current independent non-executive director and Risk Committee chair Lwazi Koyana has been appointed interim chair of the board with immediate effect. At the same time, a formal succession search gets underway. Governance restructuring Both Bosman and Zinn concluded that stepping down is in the best interests of the company. Bosman assumed the chairmanship in December 2022 during a period of governance strain, later serving as executive chair from January to October 2023 following the retirement of the former group CEO, Brett Botten. Zinn joined the board in February 2023 and became deputy chair in June 2023, leading the remuneration committee, where she introduced malus and clawback policies alongside revised minimum shareholding rules for executives. Reflecting on the context of their departures and contributions, the board noted: "While Mr Bosman and Dr Zinn continue to have the full support of the board, taking into consideration the context of the period that both these directors and the board have recently experienced, Mr Bosman and Dr Zinn have separately concluded that stepping down and resigning from the Board is the right decision for them and in the best interest of the company." "Under his chairmanship, the group's governance, risk and control environment has strengthened, the portfolio simplified and operational continuity restored. Throughout his tenure, Mr Bosman engaged openly with shareholders and made himself consistently available to them." Interim leadership Interim chair Lwazi Koyana, a chartered accountant who has served on Spar's board for over seven years, will head the board and step in as chair of the Nominations Committee pending permanent appointments. The Nominations Committee has launched a formal search for new non-executive directors based on a defined skills matrix, specifically targeting candidates with direct retail, independent-retailer, and broader-sector experience. Following the resignations, Spar reconstituted its key board committees with immediate effect: * Audit Committee: Funke Ighodaro (Chair), Sundeep Naran, Pedro da Silva. * Risk Committee: Funke Ighodaro (Chair), Sundeep Naran, Liesbeth Botha, Reeza Isaacs. * Remuneration Committee: Liesbeth Botha (Chair), Lwazi Koyana, Sundeep Naran. * Nominations Committee: Lwazi Koyana (Chair), Sundeep Naran, Funke Ighodaro. * Social, Ethics and Sustainability Committee: Sundeep Naran (Chair), Marie Jamieson, Liesbeth Botha, Phumlani Dyini. * Business Transformation Committee: Liesbeth Botha (Chair), Pedro da Silva, Marie Jamieson, Reeza Isaacs, Megan Pydigadu. The board reaffirmed its full support for group CEO Reeza Isaacs, group CFO Megan Pydigadu, and the executive team, confirming that the group's turnaround strategy, current financial guidance, and focus on supporting independent Guild retailers remain unaffected. Retail downturn: Spar and Clicks hit 52-week lows Spar touched a 52-week low on Monday following the resignations, falling to R42.55 per share, down roughly 60%. 8/18/2026, 9:48:24 AM