SPAR operates under "voluntary trading" principles which means that while we encourage our retailers to take advantage of SPAR's trading power, our retailers can source goods from local traders. That is why each store has its own regional personality.Today the SPAR Group Ltd operates 6 distribution centres, supplies goods and services to almost 800 SPAR stores in South Africa. The SPAR Group listed on the Johannesburg Stock Exchange in 2005.
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Spar to rotate external auditors
16/11/2017 - 11:41
The Spar Group is the second JSE-listed company to move to comply with the new requirement of the Independent Regulatory Board for Auditors (Irba) that external auditors be rotated every 10 years. Mandatory audit firm rotation will come into force in 2023.
Bottle stores help Spar counter slowing grocery sales growth
15/11/2017 - 08:39
Double-digit liquor sales growth outweighed lower grocery sales for Spar in the year to end-September.
Spar opens first premium store in China
13/11/2017 - 10:58
Spar has opened its first premium store in China, with a focus on green, environmentally friendly and health conscious produce.
FreshStop and Food Lover’s Market represent SA at the 2017 International Convenience Retailer of the Year Awards
11/09/2017 - 14:19
South Africa was well represented at the prestigious NACS Insight International Convenience Retailer of the Year Award 2017 as two of our most prominent SA brands, FreshStop and Food Lover’s Market, were among the 10 finalists from nine different countries.
Spar’s biggest supplier explores £100m sale
11/08/2017 - 10:10
The biggest supplier of convenience store chain giant Spar is poised to sell its wholesale arm, aiming to cash in on the rapidly changing market.
Spar Switzerland fails to deliver on promise as sales tumble
01/06/2017 - 09:42
Spar’s move into Switzerland — aimed at providing stability and growth to offset difficult local trading conditions — has not lived up to expectations yet with Swiss operations reporting mixed interim results.
Spar cuts dividend despite rising profit and revenue
31/05/2017 - 12:43
Grocery chain Spar cut its interim dividend by 6% to R2.40 from the matching period’s R2.55, despite growing revenue and profit.
Spar in “a fantastic financial position” with new stores and members
19/05/2017 - 16:35
Convenience store chain Spar has reported an 8.5 per cent jump in sales to £2.84 billion over 2016.
SPAR Italy opens beautiful new supermarket in Venice
16/03/2017 - 09:45
In a beautiful old building in Venice, which used to house a movie theatre, a new DESPAR store has opened. The elegant supermarket with its high ceilings and renovated frescoes makes for a truly unique shopping experience.
SPAR Austria develops supermarket of the future
03/03/2017 - 08:37
SPAR Austria is working with students from the Salzburg Technical College to develop an energy self-sufficient supermarket of the future.