Spar Greece announces growth plans | Progresiv
Spar Greece has announced its strategic growth plans to develop more than 330 SPAR supermarkets nationwide by 2021. 
Strategy includes developing corporate stores alongside independent retailer-run stores. The new stores aim to generate revenue of over Euro 600 million by 2021 serving 150,000 customers daily.
The strategy marks the new era for the local retail market in which small and medium-sized business will play a leading role and the conversion of independent retailers into the Spar brand has seen a sales growth of 30% through a greater basket spend and in-store offers including Spar own brands.
The retailer plans to operate a total of 24 stores and process conversion of 48 stores by the end of 2018 and has now begun store operations in five regions of Greece. (www.kantarretailiq.com)
