SPAR GROUP LTD
The SPAR Group Ltd (SPAR or the group) is a warehousing and distribution business listed on the Johannesburg Stock Exchange (JSE) in the Food and Drug Retailers sector. The group owns the SPAR retail brand, but, essentially, supports a network of independent retailers who trade under our brand through our distribution centres.
We form part of SPAR International, which is present in 44 countries and has 240 distribution centres that serve 13 million customers every day. The SPAR Group Ltd, headquartered in Durban, South Africa, is present in nine countries, has 10 distribution centres and serves 3 768 retail members through 14 store formats every day.
SPAR international granted the South African licence to SPAR in 1963. Today, we have similar SPAR operations in Ireland (including South West England) and Switzerland. We also have a greenfield operation in Sri Lanka, and own SPAR licences for Namibia, Botswana, Mozambique, Swaziland and Zambia, which are all serviced through the South African distribution centres.
Our most significant income is from South Africa where we operate six distribution centres and one Build it distribution centre. These supply and service 903 independently owned SPAR stores locally, as well as five countries on the African continent. We distribute goods to stores with a fleet of trucks and trailers owned by the group.
First-choice brands in the communities we serve.
To provide expert leadership and support to retailers to enable them to run sustainably profitable and professional businesses.
Excellence in Fresh
Supply chain optimisation
Retail relationships, leadership and support
Centre of community
New business opportunities
Motivated and competent people
Effective systems (distribution centres and retail)
Social and environmental commitment
Skills to run profitable retail stores
Our strategic enablers consider our internal and external interactions with stakeholders and the environment and support our commitment to being a responsible corporate citizen.
One minor change to our strategy this year was the decision to elevate one of the enablers to a strategic imperative: motivated and competent people.
With our growing international footprint, it has also become evident that SPAR’s strategy has to adapt to be relevant to all territories while being fully integrated into risk, sustainability and performance management. This will be a focus area for 2018.
Adopting science-based emission targets
SPAR International made a commitment to responsible retailing as part of its Better Together strategy. This includes a set of tailored initiatives aimed at reducing CO2 emissions and energy consumption. The SPAR Group Ltd has been participating in the CDP (formerly known as the Carbon Disclosure Project) since 2009.
We remain committed to improving emissions as part of our carbon footprint management approach. This year, we decided to adopt science-based targets (SBTs) for emission reduction. This means that our targets have to be in line with the level of decarbonisation required to keep the global temperature increase below 2°C compared to pre-industrial temperatures, as described in the 5th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC).
We have selected an appropriate SBT methodology, a Sectoral Decarbonisation Approach (SDA), which separates SPAR’s business into three sector categories
This means that we are aligning SPAR’s emissions with the sectors’ carbon budget, and will be developing action plans to achieve the required milestones.
The alignment includes, for example, changing intensity measuring from m2 to cases moved as a more accurate and appropriate indicator for our business.
Supporting SBT is evidence of SPAR’s long-term vision and commitment to sustainable and shared value creation. Together with other leading companies, we adopt SBTs with the understanding – and consensus – that such a pathway is the only way to preserve safe planetary conditions for humanity.
Our banners / stores
Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies
26/11/2019 - 09:57
The Competition Commission Inquiry into Grocery Retail, published on Monday, called for an end to the exclusive leases negotiated by national retail chains in all shopping malls across the country in a bid to open up access to markets for smaller players.
Spar sees big jump in profit as consumers turn to store labels and alcohol
13/11/2019 - 11:43
Listed retailer Spar has published its financial results for the full year ended September 2019, reporting an 8.4% jump in revenue, with operating profits up 7.2% despite tough conditions across its operations.
Consumers drink while retailers keep the tills active and lights on
10/09/2019 - 11:19
One in five South Africans is unemployed and economic growth remains anaemic, but retailers manage to grow, demonstrating that they still have some defensive qualities.
Retail stocks: Look out for the potholes and opportunities
26/08/2019 - 16:22
Retailers and wholesalers on the JSE have been clobbered since their respective 2018 financial results.
More grocery stores in malls on the cards
03/06/2019 - 16:08
The Competition Commission said that it wants Pick n Pay, Woolworths, Spar, and Shoprite to stop enforcing exclusivity clauses in shopping malls they do business to allow for more competition.
Spar lifts dividend after 'strong' interim performance
15/05/2019 - 08:53
Spar Group has hiked its half-year payout to shareholders by 5.2% on the back of “a strong performance” in the six months to end-March.
Competition Commission probes removal of cigarette brands from Spar
16/04/2019 - 14:32
The Competition Commission is investigating the removal of certain brands of locally-produced cigarettes from the shelves of Spar, according to the Sunday Times.
Consumers rate SA's best supermarkets
28/03/2019 - 11:28
In an intensifying war for consumer share and brand growth and recognition, SA’s big five supermarket brands will need to do more to differentiate themselves when it comes to customer satisfaction.
Booze, drugs and DIY boost Spar in difficult economy
13/02/2019 - 15:40
Robust liquor sales and the inclusion of the pharmaceutical distribution business it bought in 2018 year boosted grocery retailer Spar Group in the weeks leading up to Christmas.
SPAR receives global recognition for plastic initiative
14/12/2018 - 09:27
SPAR Eastern Cape achieved global recognition for their commitment to reducing plastic pollution when they received an award at the SPAR International Conference last month.