SPAR International news

25 May 2017
SPAR International has announced a partnership agreement with Yunnan Anning Jinfang commercial group (Jinfang) to expand SPAR's presence across Southeast China. 32 stores to be converted to SPAR Jinfang will invest in converting 32 stores to the SPAR brand in the coming months, bringing together the best of SPAR's global retail expertise and Jinfang's deep understanding of the local custome...
17 May 2017
SPAR International has released its 2016 results, reporting that sales increased by 4.5% to €33.1bn. The retailer, which has a presence in 44 countries, stated that record performance ‘ was driven by a combination of like-for-like organic growth, successful acquisitions and new country expansion’ . Regional performance breakdown In Western Europe , which accounts for the largest share of s...
15 May 2017
After the recent launch of Shoprite’s ‘Made in Nigeria’ campaign, we round up what African retailers across the region are doing to support local buying. Nigeria: Shoprite and Spar Shoprite launched its ‘Made in Nigeria’ campaign in March this year. It aims to source over 80% of products locally. Elsewhere, Spar supports small businesses by allowing them to showcase products in one of its...
03 May 2017
We round up the latest news from SPAR International, including developments in Hungary, Switzerland, Ukraine and India. SPAR Hungary reveals renovated store… As part of its plans to spend €741m on store expansion and renovation this year , SPAR Hungary has opened a newly refurbished store in Zalaegerszeg, western Hungary. This follows a €3.4m renovation, with a focus on energy-efficient...
20 April 2017
Despar Italia, which is made up of six groups that operate various stores under the SPAR banner in the country, has announced results for 2016 and its investment plans for 2017. Positive performance in 2016 Despar Italia said it had enjoyed sales growth of 4% in 2016, taking its total €3.282 bn. At the end of 2016 the retailer said that it operated 1,159 stores, a 2.5% increase on the figur...
11 April 2017
We round up the latest news from Austria, the Netherlands, Hungary and Slovenia. SPAR Austria extends online grocery to Salzburg… Following the successful launch of online grocery in Vienna, SPAR Austria is broadening its delivery reach to Salzburg and the surrounding area. The expansion will allow the retailer to offer an online grocery service to around three million shoppers. Home...
23 March 2017
Aspiag Service, which operates as Despar in Italy, which operates the various SPAR fascia in the country, has said revenue rose 3% in 2016 to €2.07 bn. The retailer’s performance saw it outperform the wider grocery industry, which was estimated to have seen sales increase by only 0.1%. The difference in growth rates suggests SPAR gained share in the country during the year. Expansion underpinn...
22 March 2017
IGD's food-to-go guru Gavin Rothwell shares his key insights from a recent visit to assess the food-to-go landscape in Ireland. 1.   Convenience stores can lead in food-to-go Dublin is full of great stores, and the leading Centra and Spar stores are a class apart from even the best convenience stores in most other markets. An overwhelming desire to be seen as a highly credible food-to-go d...
27 February 2017
Sales in SPAR Austria's home market increased by 5.3% in 2016. Continued store expansion driving sales In Austria, sales were up 5.3% to €6.4bn, helped by continued store expansion which pushed its market share up. The retailer has been investing in opening technologically advanced, high quality new stores across the country. During 2016, 30 new stores were opened and around 100 were m...
12 January 2017
As SPAR Zimbabwe looks to expand once more after a challenging period and SPAR Hungary and SPAR Spain look to meet shopper needs for healthy alternatives, we round up news from the retailers. SPAR Zimbabwe sets out growth strategy After a period of upheaval for the brand in the country, SPAR Zimbabwe has set out its growth initiatives for 2017, noting it was continuing to search for opportuni...