SPAR International news

20 December 2016
As South Africa-based Pick n Pay and Woolworths launch initiatives to improve the in-store shopping experience, Kenya-based Nakumatt and Uchumi face up to differing challenges and SPAR Nigeria launches an programme to support SME’s, we round up news from the region. Pick n Pay launches contactless payment As part of its ongoing programme to improve and modernise the shopping experiences for...
19 December 2016
SPAR Austria-owned SPAR Croatia is set to acquire Rewe Group’s 62 Billa stores in the country, along with a logistics centre at Sveta Helena. The acquisition requires approval from the Croatian Competition Agency (AZTN), but this is unlikely to be an issue given that the combined company will have a market share of about 8%, far behind market leaders Konzum and Lidl. Acquisition grows SPAR’s pr...
16 December 2016
Jiajiayue Group, SPAR International’s first retail partner in China since 2004, has launched an initial public offering (IPO) on the Shanghai Stock Exchange. Jiajiayue Group Jiajiayue was the first Spar partner in China and opened its first store in 2005 in the city of Weihai, north east China. The group is involved in food processing, wholesale of agricultural products and international t...
01 December 2016
At our first ever food-to-go conference in London last week, we heard from 12 speakers from across the channel to get their perspectives on this exciting area and what it takes to win.  Here's our five key take-outs: 1. Ignore the food-to-go opportunity at your peril Shoppers are already heavily integrating food-to-go missions into how they buy food and drink.  Our research predicts growth...
29 November 2016
SPAR International has formally launched in Thailand in partnership with Bangchak Retail Company Limited (BCR). Store expansion plan The €74m (US$78m) investment will see up to 300 new stores across the country in the next five years. During 2016, BCR plans to open 7 new stores, comprising key flagship convenience and neighbourhood developments. From 2017, the retailer plans to open 50-80 ...
25 November 2016
As PLUS and Dirk van den Broek roll out new store designs and SPAR announces it will open stores on petrol forecourts, we round up news from the country. PLUS continues to evolve store design PLUS has opened a new store in Abcoude that has seen it adapt the journey shoppers take through it. The store opens with the produce department, with its bakery range, which used to placed at the front...
23 November 2016
As SPAR Hungary invests further in its operations, we look at a change of ownership for SPAR Zimbabwe and expansion in Oman and the Netherlands. SPAR Hungary sustains investment in operations SPAR Hungary is to invest HUF23 bn (US$79.1m) to expand its operations in the country and upgrade its existing stores. The announcement came as the retailer opened a 600 sq. m. supermarket in Budapes...
22 November 2016
As U2 relaunches its store on Amazon Prime Now and Eurospin opens a pop-up store, Gruppo Crai acquires Pellicano and a DESPAR partner evolves its app, we round up news from Italy. U2 relaunches on Amazon Prime Now After signing an agreement in July, U2 has reopened its store on Amazon Prime Now after initial analysis showed some ranges and products were underperforming online versus expect...
17 November 2016
As SPAR South Africa releases preliminary annual results, Woolworths announces a trading update and Pick n Pay sets out investment plans, we round up news from the country. SPAR (SA) boosted by Irish operations SPAR South Africa announced annual results saying revenues rose 24.5% to ZAR92.2 bn (US$6.5 bn), while operating profit increased by 12.3% to ZAR2.58 bn (US$181.0m). By geographical se...
21 October 2016
SPAR China had its first congress in Weihai, Shandong province in Northern China, demonstrating the freshness, choice, value and service to its Chinese and international partners. The fifth among global SPAR Partners with robust growth SPAR China reported a €1.9bn turnover in the 2015 results, at 6.8% year-on-year growth. Investment continues not only in retail with 360 stores trading today...