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SPAR NEWS ON FASTMOVING

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Spar sees big jump in profit as consumers turn to store labels and alcohol

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. read more
Consumers drink while retailers keep the tills active and lights on

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.  read more
Retail stocks: Look out for the potholes and opportunities

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. read more
More grocery stores in malls on the cards

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. read more
Spar lifts dividend after 'strong' interim performance

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. read more
Competition Commission probes removal of cigarette brands from Spar

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. read more
Consumers rate SA's best supermarkets

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. read more
Booze, drugs and DIY boost Spar in difficult economy

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. read more
SPAR receives global recognition for plastic initiative

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. read more
SA grocery retailers hoping for a merry festive season

SA grocery retailers hoping for a merry festive season

06/12/2018 - 08:18
Grocery retailers have had a tough year, and like other retailers are hoping to see a boost in sales over the festive season. read more
Liquor and drugs boost Spar's sales

Liquor and drugs boost Spar's sales

15/11/2018 - 15:07
Ireland was JSE-listed Spar’s best performing region, helping to offset sales and profit declines in Switzerland. read more
Spar turns its problem Swiss acquisition profitable

Spar turns its problem Swiss acquisition profitable

30/05/2018 - 08:43
South African sales would have been higher were it not for the listeriosis outbreak, CEO Graham O’Connor says. read more
SPAR partners with Tiso Blackstar and iconic Sunday Times Finders Keepers

SPAR partners with Tiso Blackstar and iconic Sunday Times Finders Keepers

12/04/2018 - 15:44
SPAR, one of the country’s leading retailers with more than 900 grocery stores across southern Africa, has joined forces with Tiso Blackstar to bring the iconic Finders Keepers competition to South Africans. read more
Spar International unveils cashless store in the Netherlands

Spar International unveils cashless store in the Netherlands

09/04/2018 - 13:50
Convenience retail chain Spar International has opened its inaugural cashless grocery store at the Hogeschool Utrecht University campus in the Netherlands.  read more
Spar to rotate external auditors

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. read more
Bottle stores help Spar counter slowing grocery sales growth

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. read more
Spar opens first premium store in China

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. read more
 FreshStop and Food Lover’s Market represent SA at the 2017 International Convenience Retailer of the Year Awards

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.  read more
Spar’s biggest supplier explores £100m sale

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. read more
Spar Switzerland fails to deliver on promise as sales tumble

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. read more
Spar cuts dividend despite rising profit and revenue

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. read more
Spar in “a fantastic financial position” with new stores and members

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. read more
SPAR Italy opens beautiful new supermarket in Venice

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.  read more
SPAR Austria develops supermarket of the future

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. read more
SPAR Guangdong celebrates first store opening of 2017

SPAR Guangdong celebrates first store opening of 2017

01/03/2017 - 11:39
SPAR China Partner, SPAR Guangdong, recently celebrated the opening of its first new store of 2017, SPAR Tangxia Jindi, located in the Baihui Shopping Mall.  read more
Spar denies wittingly employing undocumented migrants after police arrest 63

Spar denies wittingly employing undocumented migrants after police arrest 63

28/02/2017 - 10:55
The Spar retail group has responded to allegations by the Department of Home Affairs, saying that it does not wittingly employ undocumented migrants read more
Checkers takes aim at Woolies’ convenience market

Checkers takes aim at Woolies’ convenience market

27/02/2017 - 11:43
Shoprite wants to beat the market leader at its own game. read more
Spar UK introduces private label 'convenient' sauce line

Spar UK introduces private label 'convenient' sauce line

01/02/2017 - 14:23
Spar UK has released a new line of own-brand cooking sauces, part of its campaign to offer shoppers easy-to-make dinners after a long day at work. read more
Spar brand in Zim transfers to new entity

Spar brand in Zim transfers to new entity

21/11/2016 - 08:20
Harare – The Spar brand will still be available in Zimbabwe, despite South Africa’s Spar Group's move to stop its distribution business in the country as the licence for the brand has now been transferred to a new entity, Spar Zimbabwe. read more
High-spirited Spar has a big year

High-spirited Spar has a big year

17/11/2016 - 10:38
Spar Group has reported a 12% surge in full-year operating profit, largely defying the malaise in the local retail sector and the Brexit-inspired dip in Europe’s consumer confidence. read more
Expansion into Switzerland lifts Spar

Expansion into Switzerland lifts Spar

16/11/2016 - 10:55
Group says the performance of Build It continues to defy pressure on consumer spending, with retail sales and same-store growth both increasing  read more
Woolworths tops the scoreboard in renewable commitment

Woolworths tops the scoreboard in renewable commitment

28/10/2016 - 09:20
A bi-annual update on Greenpeace's Shopping Clean: Retailers and Renewable Energy report shows that Woolworths is still making the greatest progress in its renewable energy commitment, while Shoprite is bottom of the heap. read more
Spar International opens first stores in Albania

Spar International opens first stores in Albania

10/10/2016 - 09:58
Spar International has opened its first two stores in Albania, in Tirana East Gate (TEG) and in the QTU shopping centre, following the announcement of its recent partnership with local operator Balfin Group. read more
Compass Group commits to cage-free eggs only in global supply chain

Compass Group commits to cage-free eggs only in global supply chain

19/09/2016 - 09:23
Food service company Compass Group, with operations in 50 countries and serving around four billion meals a year, have announced that it will source only cage-free eggs for its global liquid and shell egg supply chain by 2025. read more
What pester power can do for your business

What pester power can do for your business

27/07/2016 - 16:44
There is a surge of freebie campaigns at three major grocery retailers, with Pick n Pay's animal card collection, Spar's Angry Bird 3D cards, and Checkers' mini grocery items, leaving parents reeling as to where to shop. A clever move by these retailers who understand what pester power can do for their business. read more
How renewable friendly are SA’s top 5 retailers?

How renewable friendly are SA’s top 5 retailers?

19/04/2016 - 09:41
Cape Town – South Africa’s top five retailers would make space for 178 400 households to connect to the grid without risking load shedding. All they have to do is become 100% dependent on renewable energy. read more
Spar raises R2.2bn to fund global growth

Spar raises R2.2bn to fund global growth

31/03/2016 - 12:26
Cape Town - The Spar Group said on Wednesday it had raised R2.2 billion through a placing of 11.9 million new Spar shares, which would be used to fund the acquisition of Spar Switzerland and to reduce gearing which had increased as a result of the purchase of Spar Ireland in 2014. read more
Spar grabs stake in namesake Swiss brand

Spar grabs stake in namesake Swiss brand

10/03/2016 - 10:46
Johannesburg - Spar Group has agreed to buy a majority stake in the company that owns the brand in Switzerland as the South African food and liquor retailer seeks to boost growth outside its home market. read more
Spar reports healthy growth in sales

Spar reports healthy growth in sales

11/02/2016 - 14:33
Johannesburg - Retail group Spar has increased sales by 14.1 percent from R24.5 billion to R28bn for the 18-week trading period to January, the company said yesterday (10 Feb). read more
Independent retailers gaining ground - study

Independent retailers gaining ground - study

10/02/2016 - 10:44
Johannesburg - South Africa is experiencing an emergence of profitable and sustainable independent retailers, a University of Johannesburg (UJ) study has found. read more
Continued revenue growth for top South African retailers

Continued revenue growth for top South African retailers

03/02/2016 - 14:17
The digital divide; growing revenues, but retracting margins; and the success of retailers with a global footprint are amongst the key trends to emerge from Deloitte’s 19th Global Powers of Retailing report for 2016. read more
Best and worst supermarkets in South Africa

Best and worst supermarkets in South Africa

23/10/2015 - 09:28
Satisfaction with local supermarkets has dropped significantly, according to a new survey published by the South African Customer Satisfaction Index (SAcsi). read more
Spar profit rises on Irish retail unit takeover

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. read more
Spar plans to open 35 new stores this year

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. read more
Mall wars over retailing rights

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.  read more
Customers drive seafood sustainability

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. read more
Liquor City plans to grow franchise portfolio

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. read more
Pick n Pay first-half profit rose

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.  read more
Shoprite, Spar eat words over food storm

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. read more
Spar rises as talks begin

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.  read more
 Spar to cut prices to weather downturn

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.  read more
PIC ups stake in Spar

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.  read more
Spar to enter Middle East market

Spar to enter Middle East market

30/01/2014 - 11:06
Abu Dhabi - Dutch food retailer Spar International plans to enter the Middle East, aiming to have 30 stores in the region by the end of 2015, its managing director said on Sunday. read more
Grove Mall construction on track, Windhoek, opening October 2014.

Grove Mall construction on track, Windhoek, opening October 2014.

08/11/2013 - 10:11
According to Charles Fourie of Safland Property Group, the construction of the Grove Mall of Namibia is running smoothly and is on track. To date 90% of the Grove Mall has been rented out ahead of its official opening in 2014.  read more
Langa Junction development gets the green light

Langa Junction development gets the green light

20/09/2013 - 10:05
The approval granted for the development of Langa Junction at the Langa train station in Cape Town aligns with plans by the City of Cape Town to invest in pedestrianising the area by paving and landscaping the station forecourt and access roads. read more
Shell South Africa and SPAR South Africa announce SPAR Express Trial

Shell South Africa and SPAR South Africa announce SPAR Express Trial

15/08/2013 - 10:12
Shell South Africa and SPAR South Africa have launched an exciting and exclusive retail partnership in the forecourt convenience market.  read more
Netherlands' Spar to open 10 stores in Lebanon

Netherlands' Spar to open 10 stores in Lebanon

30/05/2013 - 10:49
(MENAFN) Spar International CEO, Dr Gordon Campbell, announced that the Dutch supermarket chain plans to launch 10 stores in Lebanon during the coming 5 years, with the first to open at the start of 2014, reported Arabian Business. read more
Nigeria: ‘Retail Sector Has Witnessed Tremendous Growth’

Nigeria: ‘Retail Sector Has Witnessed Tremendous Growth’

07/05/2013 - 09:40
For the President of DMSRetail West Africa, Joseph Ebata, the retail sector in Nigeria has witnessed a huge growth, despite the challenges bedeviling it. read more
Supermarkets respond to meat report

Supermarkets respond to meat report

15/04/2013 - 08:28
Johannesburg - Popular supermarkets including Pick n Pay, Shoprite, Woolworths and Spar have responded to a City Press report that identified them as stocking incorrectly labelled meat products. read more
Clicks gains on retail market recovery

Clicks gains on retail market recovery

12/03/2013 - 09:05
Johannesburg - Clicks climbed the most in almost seven months as food and drug retailers continued to recover from an early-year slump driven by slower consumer spending. read more
Spar to enter Middle East market

Spar to enter Middle East market

29/01/2013 - 11:17
Abu Dhabi - Dutch food retailer Spar International plans to enter the Middle East, aiming to have 30 stores in the region by the end of 2015, its managing director said on Sunday. read more
Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

23/01/2013 - 10:04
Choppies, the BSE-listed supermarket chain, seems to be paying the price for fast expansion across the country and its vigorous entry into the South African market. read more
South Africa: Govt Pursuing Strategy to Link Producers With Retailers

South Africa: Govt Pursuing Strategy to Link Producers With Retailers

30/10/2012 - 08:19
Pretoria - Government is pursuing a strategy of linking small producers with major retailers such as Wallmart, Pick n Pay and Spar to sell their produce directly to them, says Minister of Agriculture Tina Joemat-Pettersson. read more
 Shoprite’s board receives a feminine touch

Shoprite’s board receives a feminine touch

07/08/2012 - 08:18
Shoprite, the sponsor of the Woman of the Year competition, has announced the appointment of its first female director. Anna Mokgokong, who has a medical degree, is the co-founder and executive chairwoman of Community Investment Holdings and was South African Business Woman of the Year in 1999. read more
Opinion piece:  conditionally approved merger means Spar must divest from Capital Land Asset Management

Opinion piece: conditionally approved merger means Spar must divest from Capital Land Asset Management

29/05/2012 - 11:59
In a recent conditionally approved large merger, large food retailer Spar will have to divest of its 20% interest in Capital Land Asset Management (Pty) Limited (CLAM). CLAM is a manager responsible for the day-to-day management of a property fund, that would also include the management of the shopping centres acquired by Synergy Income Fund Limited (Synergy) in this merger.  read more
Hobart's SuperSPAR billboard comes alive

Hobart's SuperSPAR billboard comes alive

18/04/2012 - 08:43
Hobart's SuperSPAR in Bryanston is using a billboard employing real people to draw attention to the fact that residents in the area have almost unanimously awarded it an excellent service rating across the board.  read more
Ad spend jumps 11% to R32bn

Ad spend jumps 11% to R32bn

02/04/2012 - 09:08
Advertising spend jumped 11% to R32.1-billion last year from R28.9-billion the previous year, according to figures released this week by researcher Nielsen. read more
Davies punts agro-processing for job creation

Davies punts agro-processing for job creation

26/03/2012 - 08:40
Smallholder farming continues to be on the agricultural development agenda as the government seeks to stimulate the agro-processing sector to kick-start its job creation drive. read more
Retailers shrug off Harare order

Retailers shrug off Harare order

10/02/2012 - 10:23
Spar, Shoprite and Pick n Pay have shrugged off an indigenisation broadside from the Zimbabwean government, which was reported to have issued a directive yesterday that licences for foreign-based chains not be renewed to facilitate localisation of the businesses. read more
Spar, Shoprite supporting local farmers in Swaziland

Spar, Shoprite supporting local farmers in Swaziland

07/02/2012 - 09:12
SPAR and Shoprite are some of the giant retail outlets that source vegetables from farmers affiliated to the Swaziland National Agricultural Union (SNAU). read more
SA firms improve position

SA firms improve position

30/01/2012 - 11:04
Cape Town – South Africa's major retailers have risen in the rankings of the 250 global companies. Shoprite Holdings [JSE:SHP] still leads the local choir at No 92. This can be seen in Deloitte’s latest annual global retail report, Global Powers of Retailing 2012: Switching Channels.  read more
Spar group’s Tops outlets boost growth despite competitive arena

Spar group’s Tops outlets boost growth despite competitive arena

30/11/2011 - 10:28
Spar Group emerged from a challenging consumer environment with a 10.4% growth in turnover and 3.9% increase in earnings as reported earlier this month in a performance partly boosted by the resilience of its liquor outlet, Tops. read more
Shares: Spar may be dull, but it's a stable staple investment

Shares: Spar may be dull, but it's a stable staple investment

14/11/2011 - 08:55
The results of the Spar Group for the year ended September 30 2011 were not exciting. Year-on-year, diluted headline earnings per share were just 3.3% higher at 522.8c from 506.3c. With the declaration of a final dividend of 235c, total dividends for the year were 377c, 4.1% higher than in the 2010 financial year. read more
Spar Group reported a 3.3% rise in diluted headline earnings per share

Spar Group reported a 3.3% rise in diluted headline earnings per share

09/11/2011 - 16:00
South African grocery chain Spar Group on Wednesday reported a 3.3% rise in diluted headline earnings per share to 522.8 cents for the year ended September 2011 from 506.3 cents a year ago read more
Africa: the next big retail destination

Africa: the next big retail destination

03/08/2011 - 13:18
Africa makes up 21 % of the World’s population, but contributes less than 4% to formal grocery sales globally. However, this is set to change as South African retailers gear up for growth in the rest of the continent.  read more
Spar looking to expand in Africa

Spar looking to expand in Africa

13/07/2011 - 10:06
Johannesburg - The Spar Group is considering further business opportunities elsewhere in Africa, Business Report reported on Wednesday. read more
SA risks breaking WTO rules over Walmart

SA risks breaking WTO rules over Walmart

27/05/2011 - 08:07
Johannesburg - South Africa is unlikely to impose local supply targets in its upcoming ruling on Walmart's R16.5bn bid for retailer Massmart Holdings because such demands could violate international trade rules. read more
Something different in the food retail space

Something different in the food retail space

11/05/2011 - 12:22
Orapa – Of the three major food retailers listed on the JSE, Spar is the smallest. For this reason it is sometimes overlooked by investors. read more
Spar reports flat profits

Spar reports flat profits

11/05/2011 - 09:04
Johannesburg - Supermarket group Spar Group on Wednesday reported diluted headline earnings per share of 262.1 cents for the six months ended March 2011 compared with 264.6 cents a year ago. HEPS were up 0.6% to 279.8 cents. read more
The rise of the 'no-name brand'

The rise of the 'no-name brand'

19/07/2010 - 00:00
Cape Town - Sales of house-brand products - the so-called 'no name' brands - are growing significantly but for some time these have not been the cheapest options on shop shelves. read more
Spar 'enhances' with branded pharmacy option

Spar 'enhances' with branded pharmacy option

15/07/2010 - 00:00
In line with its retail expansion plans, supermarket group Spar on Wednesday, 14 July 2010, announced the launch of its first branded pharmacy at Spar Shelly Beach in KwaZulu-Natal. read more