Find in the news:
BY COUNTRY

In 2015, the rising African Spar retail chain outlet to watch



There will be 35 new SPAR outlets opening this year in a bid to gain a profitable share of the market as the Dutch multinational retail conglomerate continues to fend off fierce competition.

During the company’s annual statement, Spar’s CEO, Graham O’Connor, announced that the company has plans to renovate up to 180 of its existing stores and have as many as 45 of its subsidiaries focused on selling alcoholic beverages, Tops, open in Spar stores.

The unrelenting force

In a report released by Business Day South Africa, it confirmed that during the year 2014, Spar had opened 19 new stores, as many as 51 new Tops at its existing Spar outlets and 18 Build It stores. As SPAR is also owns the popular Pack ‘n’ Shop, it aims to continue its expansion plans in 2015.

Due to many factors such as fierce competition from local and overseas brands as well as Africa’s uncertain labour force and limitations in the financial side has made it difficult for SPAR to maintain its business operations. Due to these setbacks, it was not able to reach its target of opening 23 new stores.

Despite these challenges, O’Connor emphasized that “looking forward, the primary focus is retailer profitability, underpinning the long-term economic sustainability of the Spar Group’s business”.

Opportunities are plenty

SPAR had just recently acquired the majority stake in Irish retail group, BWG, and has gained an abundance of opportunities in the UK market due to the BWG’s many marketing channels and distribution points.

O’Connor proves that he is never one to back down from a challenge as he mentions that “as competition in the retail sector intensifies, we continue to focus on aggressively driving new business opportunities, organic growth, stringent cost control and securing operating and supply chain efficiencies,” a statement he gave right after the purchase of the company was finalized.

SPAR already has many achievements under its belt with the successful launches of its brand in Africa’s largest economy, Nigeria along with other key areas like Namibia, Botswana and Swaziland. Naturally this looks promising for SPAR’s continued growth in the country.

However SPAR has constantly found it difficult to maintain its business in Zimbabwe and has described it as “challenging”. 



Dec 25, 2023, United Kingdom:
Nestled in the historic heart of London and renowned for its Georgian-era architectural splendor.
Dec 25, 2023, USA:
The company emphasized that cost-cutting is a pivotal focus for its future endeavors.
Dec 22, 2023, United Kingdom:
The sports giant has joined a long list of international brands that will open their store doors at Trinity Leeds shopping center.
Dec 22, 2023, Austria:
The brand will present at iconic locations such as Cortina d'Ampezzo in Italy, Zermatt in Switzerland, and Hochzillertal-Kaltenbach in Austria.
Dec 21, 2023, USA:
Italian fashion house has sealed a deal to acquire the building housing its flagship store.
Dec 21, 2023, Mexico:
Luxury French fashion house Zadig & Voltaire has unveiled its boutique in Mexico City.
Friend
and Follow
Greenwood Park Mall GLA:1 164 000 SF
ADDRESS: 1251 US Highway 31 N, Greenwood, IN 46142-4514
USA . Greenwood
Greenwood Park Mall
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Hillcrest GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us