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Following Ireland And Switzerland, Spar South Africa Looks To Sri Lanka

Published on May 30 2018 11:40 AM in Retail tagged: Trending Posts / Spar / South Africa / Colombo / Paywall / Sri Lanka

Following Ireland And Switzerland, Spar South Africa Looks To Sri Lanka

South African retailer and wholesaler Spar Group Ltd plans to open two more stores in Sri Lanka, it said on Wednesday, after warning that fuel price hikes and currency weakness could affect its home market.

In 2016, Spar entered into a 50/50 joint venture (JV) with Ceylon Biscuits Ltd in Sri Lanka, to establish Spar SL.

'Good Opportunities'

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