SPAR UK Outlines Investment Plans
Namnews, 25th October 2022 SPAR UK held its national conference in Gran Canaria earlier this month, with key executives meeting independent retailers and outlining their plans for the business. Speaking at the event, Louise Hoste, SPAR UK’s Managing Director, said: “SPAR is delivering robust growth well ahead of the symbol sector and continues to report year-on-year sales increases. We are outperforming our competitor set in value growth and seeing smaller trips to stores growing by 10%. This footfall growth is a massive opportunity, especially when we capitalise on it with extra items in the basket. “The convenience market is best placed for independent retailers and independent retailers are thriving with SPAR. The opportunity to grow is also supported by customer sentiment for wanting to continue to shop locally, and we want to support this sustained solid performance. That is why we are committing to investing £122m over the next 12 months in stores and supply chain, after spending...