SPAR announces global sales of €35.8 billion in 2018
SPAR launched in four new countries, now operates over 13,112 stores in 48 countries worldwide in its third year of strong growth.
The world’s largest voluntary food retail chain, SPAR International, reported another exceptionally strong year in 2018 with global retail sales of €35.8 billion, an increase of 5.4%.
2018 saw a year-on-year increase of 335 additional stores, bringing the total number to 13,112 SPAR stores in 48 countries worldwide, including entry into four new countries.
“In Western Europe, where we have almost 8,000 neighbourhood and proximity stores, SPAR is well placed for future growth with large scale store modernisation projects ensuring continued standards of excellence,” said Tobias Wasmuht, CEO of SPAR International.
The SPAR brand is present in seven Asia Pacific countries, with €1.96 billion in sales achieved from 573 stores. SPAR Sri Lanka launched in this market early in the year. SPAR China’s footprint in 2018 accounted for 830,043m² and sales of €1.5 billion.
Central and Eastern Europe was the regional growth leader for SPAR worldwide for the second year in a row with 15.8% growth across the region’s 10 SPAR countries.
