SPAR International reports strongest sales growth in five years

By C&I Week

SPAR International has reported global retail sales for the year ending December 31, 2015 of €33 billion, a 3.5 per cent increase on 2014.

Growth in 2015, the strongest in five years, was characterised by the growing pace of recovery in Europe, in addition to the continuing expansion of the SPAR brand in emerging markets.

Growth for the brand was particularly strong in Africa and SPAR continued to grow its presence by entering into four new countries on four continents during the year including store openings in Indonesia, Cameroon, Oman and Azerbaijan.

Commenting on the 2015 results, SPAR International managing director, Tobias Wasmuht, said: “The 2015 figures show the continuing strength and attractiveness of the SPAR brand globally. With a presence now in 42 markets around the world, SPAR continues to be the partner of choice for independent retail partners keen to embrace retail best practice and fast-track their development in the face of international competition.

“The continuing growth of the brand in new and emerging markets in Asia, Africa and the Middle East, as well as the quickening pace of recovery in many of our traditional European markets, is testament to both the adaptability of the SPAR brand and the entrepreneurial drive of our retail partners.

“The last five years has seen SPAR continue to grow despite volatile international economic conditions. This sustained growth has been achieved by meeting the needs of the local communities we serve with a commitment to deliver excellence in fresh, a passion for quality and best in class customer service. It is very pleasing to see this focus and investment paying dividends.”