Spar should cut its losses in Poland and focus on SA – expert
The company has lost 58 retailers there, negatively impacting turnover growth in the second half of the financial year
20 November 2022 - 09:52
Spar’s venture into Poland is likely to come under more pressure on the back of increased competition and rising costs, with analysts divided on the turnaround prospects of the food and building material retailer's operations there.
And in what could potentially worsen the challenges, this week a missile hit a Polish village, killing two people and bringing the impact of Ukraine war closer to the country. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.