SPAR unveils major new partnership in Greece | Progresiv

SPAR Hellas, the SPAR Partner in Greece, has announced a new partnership with Bazaar S.A., a member of the Veroukas Group, that operates more than 150 supermarkets and 11 Cash & Carry stores throughout the country.

The collaboration is aiming at the creation of economies of scale and strengthening its presence in Greece particularly in convenience format. As part of the agreement, Bazaar will provide logistics support to Spar Hellas and will also develop new Spar branded stores.  Bazaar operates more than 150 supermarkets and 11 cash & carry stores throughout the country and this new partnership has agreed to open four Spar stores by Bazaar in 2020 adding to the existing 31 stores.

Fivos Karakitsos, Managing Director of SPAR Greece has expressed delight in the new partnership, saying: “SPAR Hellas with the support of Bazaar and the Veroukas Group now offers the most dynamic and comprehensive commercial proposal for middle-market retail stores. We have the power of the global SPAR Brand, strong marketing strategies, a nationwide distribution network, a full range of own brand products, as well as competitive benefits and prices. By joining forces, we are sure to create an even stronger SPAR presence in Greece.” (www.kantarretailiq.com)