Netherlands-based supermarket chain Spar saw sales increase 7.4 percent for the year to December 2020, hitting $62.5 billion (€39.8 billion). And growth was highest in its Australian business, which saw strong revenue growth of 16.5 percent off the back of…
Dutch multinational retail-grocery franchise system Spar has launched six new locations in China in the midst of the coronavirus lockdown. The firm benefitted from the scale and duration of China’s lockdown being briefer than initially feared – with an early…
Grocery-retailer Spar China has launched five new supermarkets. The Dutch-headquartered international franchise business has opened two stores in Shandong and three in Guangdong, both Chinese provinces, and bring the chain’s total footprint in the territory…
Grocery retail franchise Spar International will open more than 150,000sqm of retail sales space in China this year. The firm’s store-development plans include compact hypermarkets and a “new generation” of supermarkets in Northern and Southern China. Spar…
As part of ‘The Global Investors Meet’ in Dharamshala, Himachal Pradesh on June 10-11, 2019, which will have the CII as key national partner, a road show was organized in Bangalore recently that saw senior leaders from various industries participate in the…
SPAR International, the world’s largest food retail voluntary chain, is delighted to announce the brand’s entry into the Sri Lankan retail market. SPAR Sri Lanka (Pvt) Ltd, a partnership between SPAR South Africa and Ceylon Biscuits Limited has announced…
SPAR Hellas has announced its entry into the Greek market with the ambition to create and operate the largest food retail chain of independent retailers in the country. It will be part of SPAR International, the world’s largest food retail chain with over…
SPAR International has announced the brand’s entry into the Saudi Arabian retail market. Partnering with the well-established Saudi conglomerate, the Al Sadhan Group, SPAR has ambitious plans to open 40 stores in Saudi Arabia by 2020. Yesterday, three SPAR…
SPAR International, the world’s largest food retail voluntary chain, will partner with DHL Supply Chain and the Bangchak Retail Company (BCR) to establish up to 300 new convenience stores in Thailand by the end of 2020. The deal will see DHL Supply Chain…
SPAR International, the world’s largest voluntary retail chain, has today announced the appointment of Wouter Lefevere as Head of International Buying. Based in the organization’s international head office in Amsterdam, Mr. Lefevere will take on key buying…
PAR International (“SPAR”) and Yunnan Anning Jinfang Commercial Group (“Jinfang”) have announced a new partnership agreement authorising Jinfang to grow the SPAR Brand in Southeast China across Yunnan Province, Liu Pan Shui City, Bijie City, Buyi and Miao…
Jijiayue Group, the parent of Spar China franchisor Spar Shandong, has launched an IPO. Spar Shandong became Spar International’s first retail partner in China in 2004, and opened its first store in 2005 in the city of Weihai, north east China. Since then,…
SPAR Shandong operators, Jiajiayue Group, who became SPAR International’s first retail partner in China in 2004, have launched an initial public offering (IPO) which saw the company listed on the Shanghai Stock Exchange. Jiajiayue issued 90 million shares…
Spar International and Bangchak Retail Company (BCR) have announced a new partnership to open 300 Spar stores in Thailand by 2020. The US$78.9m investment was announced on 28 November, with BCR to open seven new stores in 2016, and 50-80 new stores each year…
An agreement has just been signed that will lead to more than 300 Spar Thailand food retail stores opening over the next four years. It is part of a €102 million (US$108 million) investment by Netherlands-based Spar International, which has partnered with…
SPAR International (“SPAR”) and Bangchak Retail Company Limited (“BCR”), today announced a significant new partnership agreement which will see up to 300 new SPAR stores opening in Thailand by the end of 2020, as part of a €102 million investment SPAR…