When Spar Group decided to venture into the developed countries of Ireland, England’s south-east, and Switzerland some years ago, it was heavily criticised by analysts and media. However, this offshore move has undoubtedly brought a much-needed addition to Spar’s local SA operations, and solid results for the year to end-September have largely vindicated management’s decision.

Spar Group is part of an association of global retailers called Spar International, headquartered in Amsterdam, which confers upon its members the right to trade in certain geographical areas in exchange for a fee. This global organisation is represented in 48 countries, operating out of 246 distribution centres and 13,100 stores. It has a combined turnover of €35.8bn (R587bn).

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now