SPAR International news

01 March 2018
SPAR South Africa has released results for the 17-week trading period that ended on 27 January 2018. Sales increased 7% to ZAR33.8 bn (US$2.9 bn) and in like-for-like terms sales increase was 6.4%. We look at what drove this and SPAR SA’s focus for the future. Results driven by Tops Liquor The positive results came from all banners but were driven by Tops Liquor. Sales remained strong at +1...
23 February 2018
Sales in SPAR Austria's home market increased to €6.7bn in 2017, an increase of 4.6% on 2016. Strong performance in Austria Its strong sales performance in Austria was driven by a number of factors, including the opening of 33 new stores and the modernisation of 82 stores. Expansion was focused mostly on Vienna, however INTERSPAR opened its first hypermarkets in the Tyrolean Oberland and We...
15 February 2018
Retailers in South Africa are increasingly seeing shoppers look for more convenient food options, as their lives become busier. At the same time, though, shoppers are struggling with reduced spending power, due to the challenging macroeconomic environment in the country. We look at how retailers are adapting their propositions to suit these different needs. Pick n Pay: premium dining in Pic...
13 February 2018
Russia’s top retailers, X5, Magnit, and Lenta, have and are investing a considerable amount to expand their store presence across Russia, especially in Moscow, St Petersburg and their surrounding areas. SPAR Russia now seems to work closely with its franchisees to expand store presence in the Northwest and central region, with focus on Moscow and St Petersburg, and the southern federal district o...
09 January 2018
As Despar’s managing director, Lucio Fochesato, discusses the retailer’s outlook, Gruppo Pam expands in Rome and Carrefour Italy appoints a new director of operations, we round up news from Italy. Despar highlights private label and digital communication In an interview with Distribuzione Moderna Despar’s managing director, Lucio Fochesato, has discussed his views on the company. Fochesato ...
02 January 2018
We round up the latest news from the Netherlands as Albert Heijn continues its private label innovation drive, trials lower online order thresholds and opens a new hospital store. Elsewhere PLUS and Coop Netherlands have reported their results, while SPAR is restructuring for the future. Albert Heijn continues private label innovation drive… In an interview with Levensmiddelenkrant , comme...
13 December 2017
We round up the latest news from the Belgian grocery market, as market leader Colruyt reports its results, while Dutch retailer, Jumbo reportedly considers market entry. Colruyt: +3.7% to 44.4bn driven by ‘inflation, sales surface expansion and organic growth’ Colruyt has reported its results for the first half of 2017, with revenue increasing by 3.7% to €4.4bn. The retailer attributed re...
05 December 2017
We share the latest from SPAR International across a variety of European markets including Austria, Croatia, the Netherlands, Russia and Albania. SPAR Austria invests in new private label ‘SPAR Enjoy’ drinks range SPAR Austria has invested in a variety of new private label drinks under the 'SPAR Enjoy' brand over the last quarter. This includes a range of rainbow juices  featuring e...
24 November 2017
We round up the latest news from Greece as SPAR looks to re enter the market, while Lidl and Metro AEBE announce investment plans. SPAR re-enters Greece SPAR is to return to Greece in partnership with retail group Asteras. SPAR previously left the country in 2016, ending its partnership with Veropoulos. The partnership will see Asteras’ network of 200 stores converted into SPAR stores. W...
16 November 2017
We round up the latest news from SPAR International, bringing together news from leading markets in Africa, Asia and Europe. SPAR South Africa reports annual results SPAR has reported its final year results for operations in South Africa, Ireland and Switzerland. South Africa revenue +4.6%, Tops alcohol driving sales SPAR full year revenue in South Africa increased +4.6% to ZAR56 bn (...