China and Russia fuel Spar’s global retail sales to €32bn

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Spar: 215th store in China

Spar China: fuelling sales growth

Spar International, the world’s largest food store retailer with over 12,000 stores worldwide, has today reported global retail sales of €32.2bn for the year ending 31 December 2013 – an increase on 2012 of 4.1% on a constant currency basis. The growth is claimed to be the result of a significant strategic focus for the brand on new and emerging markets, with Spar operations in China, Russia and the Middle East delivering further rapid expansion of their store networks.

The results were announced at the 59th International Spar Congress taking place this week in Rome, Italy, which is being attended by over 200 Spar Partners from 35 countries around the world.

Addressing delegates, Spar International managing director, Gordon Campbell, said: “Retail sales for 2013 show the ongoing attraction of the Spar brand for independent retail operators across the globe. In what remains a challenging business environment for many of our partners, their dedication to the Spar brand values of freshness, choice, value and service, along with continuous retail innovation, continues to serve their customers and their businesses very well.

“Last year was a year of sustained global expansion for Spar following the launch of our ‘Growing Our Future Together’ strategy, which placed a strong focus on growing the Spar brand in new markets, while supporting the ongoing development of long-term partners in the brand’s established European markets. Our unique multi-format approach, underpinned by our growing private label product range, has given our brand the flexibility required to meet the ever changing needs of today’s increasingly discerning global consumer.”

Today Spar has retail operations on four continents and in 35 countries, with a further four countries – Georgia, Qatar, Lebanon and Angola – due to join the network in the coming months.

Performance highlights for 2013 included:

§ Spar China + 19% to €1.4bn
§ Spar Russia + 18% to €1.343bn. (In local currency terms, Russia recorded a 26% increase in sales to 57 billion roubles)
§ Spar Austria +4.3% to €5.8bn, continuing to maintain its long-term growth pattern.
§ Spar Hungary +7.8% to €1.53bn (+7.8% in local currency terms)
§ Spar Spain +4.6% to €1.305bn, adding 54 new stores during the period
§ Spar South Africa +9.1% in local currency terms

Campbell said: “The signs for 2014 look positive. We will continue to seek out local partners who have the vision and capability to provide modern food retailing while adhering to the Spar retailing principles. We have a strong new business pipeline in both existing and new markets and I am confident that we will be welcoming our 40th Spar country on board during 2015.”