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 profit rises on Irish retail unit takeover
25/05/2015 - 09:20
Johannesburg - Spar said first half-profit jumped 22% after the food and liquor retailer acquired its Irish counterpart and sold more lower- priced own-brand products.
Spar plans to open 35 new stores this year
05/01/2015 - 12:06
Spar, which services independent retailers trading under the Spar, Tops at Spar, Build It and Savemore brands, plans to open 35 new Spar stores in the year ahead and renovate 180, CEO Graham O’Connor said in the group’s latest annual report, released last week.
Mall wars over retailing rights
11/11/2014 - 09:27
Durban - In another clash, between retail giants over exclusivity in shopping centres, Masstores and the Spar group are locked in a potentially precedent-setting legal battle, each wanting a strong foothold in the growing consumer market in Ulundi and surrounding areas.
Customers drive seafood sustainability
15/10/2014 - 10:45
The changing attitude of consumers as they become concerned about the seafood they eat is creating strong incentives in the way retailers and suppliers procure supplies.
Liquor City plans to grow franchise portfolio
14/10/2014 - 09:41
Liquor City, which has about 300 franchised and owned stores across SA, plans to ramp up its franchise portfolio by taking under-pressure independent liquor retailers under its wing.
Pick n Pay first-half profit rose
06/10/2014 - 13:27
Johannesburg - Pick n Pay Stores, South Africa’s second-biggest grocer, said first-half earnings would increase as much as 35 percent as the company cut back on costs and improved sales.
Shoprite, Spar eat words over food storm
18/08/2014 - 15:00
Food behemoths Shoprite and Spar tried this week to defuse the row over whether their stores altered or removed food labels on outdated food products that could make people ill.
Spar rises as talks begin
04/08/2014 - 10:11
Johannesburg - Spar gained the most in three months after the South African food and liquor retailer said it is in talks that may affect the share price.
Spar to cut prices to weather downturn
22/05/2014 - 11:02
Johannesburg - Spar, a South African food and liquor retailer, is counting on regular discounts for sales growth as consumers face higher unemployment, increasing household debt and rising interest rates.
PIC ups stake in Spar
03/02/2014 - 08:03
Cape Town - The Spar Group [JSE:SPP] has announced in a statement that the Public Investment Corporation Limited (PIC) has strengthened its stake in the retailer.