Spar: latest retail news and insights | ESM Magazine

SPAR Hungary Expands Franchise Network To 290 Stores

SPAR Hungary has expanded its franchise network by 19 stores in the first half of 2024, taking its total number of outlets to 290.

SPAR International Elects Dominic Hall As New President

SPAR International has elected Dominic Hall, the joint managing director of James Hall & Co. Ltd in the United Kingdom, as its new president.

South Africa's SPAR Finds Buyer For Polish Business, Sees Improved Profitability Ahead

South Africa's second-biggest supermarket retailer, SPAR Group, reported a 7.6% decline in half-year earnings as cost increases grew more than th...

SPAR Hungary Sees Turnover Up 15.8% In FY 2023

SPAR Hungary has reported a turnover of HUF 1 trillion in its full financial year 2023, registering an increase of 15.79% compared to the previous year.

Italy's Altasfera Surpasses €100m Turnover Threshold

Italian cash & carry operator Altasfera has achieved a major milestone, exceeding €100 million in turnover for the first time.

CVC Capital Partners Eyes Acquisition of Studenac

Luxembourg-based venture capital firm CVC Capital Partners has reportedly expressed interest in buying Croatian supermarket chain Studenac.

Denmark's Dagrofa Reports 'Highest Profit In 20 Years'

Danish retailer Dagrofa has reported an operating profit of DKK 426 million in its 2023 financial year, which the group said was its strongest profit perfo...