Global retailer Spar has announced its expansion into Saudi Arabia with the opening of three stores in Riyadh, the country’s capital. The move is described as the first phase of the retail group’s expansion in the country through a partnership with Saudi conglomerate Al Sadhan Group. While the first Spar stores in the Saudi Arabian market will be aimed at the mid- to premium sector, as the brand develops the …
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Global retailer Spar has announced that Spar Netherlands and EG Group have reached an agreement to open Spar Express stores at all Texaco filling stations in the Netherlands, following a successful pilot. According to the retailer, Spar will start the conversion of around 130 Texaco stores from early 2018, planning to re-brand two stores a week with the aim of having the conversion process finished by mid-2019 at the latest. …
Global retailer Spar is set to expand its geographic footprint with the opening of its first store in Pakistan. The firm’s foray into the country is being conducted in partnership with Burque Group, described as one of Pakistan’s largest sales management and distribution companies in the FMCG sector. The first outlet is being opened in Karachi, Pakistan’s largest city, and will expand Spar’s footprint to 46 countries. Commenting on the move, SPAR International …
Dutch multinational retailer Spar has announced a new partnership in China with Yunnan Anning Jinfang Commercial Group (Jinfang), with plans to open 32 new stores in the country. The new partner, Jinfang, operates in the retail sector in China and will invest in converting 32 of its stores into the Spar brand in the coming months. With the agreement, the companies will be able to combine Spar’s global retail expertise …
Streitdorf, has announced the launch of Tann-Heimathofe, a new brand said to be focused on animal welfare. According to a statement made by the retailer, the new brand will use meat from pigs that are reared in at least 60% more space than conventional methods, with large and clean outdoor and indoor areas. High quality feed is also said to be used as part of the process. Helmut Gattringer, Head …
Dutch based retailer Spar has become the third largest grocery retailer of Croatia, after Spar Croatia acquired 62 Billa stores in the country. According to Spar Croatia’s board president Helmut Frenzl, the transition will be completed by the end of the year, whilst the rebranding of stores will take effect by this summer. The rebranding of the stores will represent an investment of €12 million ($12.7 million) for the retailer, …
Spar, the world’s largest food retail voluntary chain, has announced its entry into the Thai market. The company has formed a retail partnership with Bangchak Retail Company (BRC) for a 300 store venture, representing an investment of €74 million ($78 million) over the next five years. According to a company press release, BCR will open seven new convenience and neighbourhood stores in 2016 and 50 to 80 stores each year …
Dutch retailer Spar has unveiled a new marketing campaign designed to promote its own brand range, by offering consumers the chance to ‘swap’ branded products they have already bought for Spar private label products. The week-long initiative, which will take place in early September under the name “Inruilweek” (“Exchange Week”), will allow Spar customers to bring selected categories of FMCG product into store and exchange it for an equivalent product …
Multinational retailer Spar International and the Indonesian retail chain Ramayana have announced the opening of the first three Spar stores in Indonesia, located in the capital Jakarta. Ramayana is a publicly-quoted Indonesian retail group with 116 stores throughout Indonesia, while Spar International owns over 12,000 stores worldwide and recorded global retail sales of over €30 billion in 2013. The three new stores are situated in Bogor, Cibitung and Cibubur, and their re-launch under the …
BWC Group, owner of the retailer Spar in Ireland, is to acquire rival group Londis, according to a report in the Irish Times. Stephen O’Riordan, chief executive of Londis, which operates 200 stores across the country, said: “We’re keen to continue a journey that has seen the group drive efficiency and service whilst delivering value for customers and protecting retailer margins. We believe that being part of a global business …
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