Thailand: Spar enters market
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 […]
Netherlands: Spar launches ‘brands for private label’ swap campaign
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 […]
Indonesia: Spar opens three stores in Jakarta
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 […]
Ireland: BWC Group to acquire Londis
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 […]
UK: Spar to launch private label Indian and Oriental ranges
UK retailer has set its sights on developing its private label portfolio, unveiling new ranges of Indian and Oriental foods to be launched this September. Among the 17 new lines being introduced are ready meals, including Chicken Jalfrezi with Rice, Lamb Rogan Josh with Rice, Thai Green Chicken Curry with Rice and Chicken in Blackbean […]
Middle East: Spar International enters market
Dutch retailer Spar International has announced plans to enter the Middle East market with the aim of having 30 stores open by the end of 2015. As reported by Fast Moving, the company currently has over 12,000 stores worldwide and is looking to open eight stores in Abu Dhabi, two in Qatar and one in […]
Czech Republic: Ahold acquires Spar business
According to media reports, Ahold has reached an agreement to acquire the Spar business in the Czech Republic. The move is a further step in Ahold’s plan to restructure its European business. After previously selling its ICA operations in Sweden (which yielded €2.5bn including dividends), the company is now aiming to strengthen the market position […]