SPAR International global retail sales rise 4.1% in 2013
Food store retailer SPAR International has reported a 4.1% increase in global retail sales on a constant currency basis to Â€32.2 billion for the year ending 31 December 2013.
The retailer attributed much of the growth to its focus on new and emerging markets as its operations in China, Russia and the Middle East experienced a rapid expansion of their store networks.
SPAR, which has over 12,000 stores worldwide, announced the results at its 59th International SPAR Congress taking place this week in Rome, which is being attended by over 200 SPAR Partners from around the world.
Addressing delegates, SPAR International managing director Dr Gordon Campbell said: “Retail sales for 2013 show the ongoing attraction of the SPAR Brand for independent retail operators across the globe.
“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.”
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.
Looking ahead Campbell added: “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.”
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