Spar set to expand in 2018

Spar is expected to welcome a host of new retailers to its symbol group

The franchise says they have completed talks with “large numbers” of retailers, offering investment to aid their switch to Spar.

As UK retailers such as Co-op and Costcutter move to secure their interests against the Tesco-Booker merger, Spar’s latest acquisitions is another indicator of the wary mood that has pervaded the industry amid the wave of consolidations.

Spar UK has benefited from another strong financial performance this year, with retail sales showing a growth of 6 per cent, outdoing the wider symbol groups.

Store numbers are also up by 5 per cent, and the group’s latest conquests are set to bolster this figure in the coming months. Spar says their sales team have intensified their recruitment efforts over the past three months.

Ian Taylor, Spar UK retail director said: “We are really excited to welcome a new wave of convenience retailers to SPAR.  Convenience retailing continues to be one of the most competitive markets to operate in, and it is testament to the hard work that after 60 years we are still the number one symbol group for independent retailers to work with.”

“We have grown stronger and stronger as we have been committed to focusing and understanding the absolute needs of independent retailers who are determined to outperform the competition.

Spar continues to be the leading forecourt symbol partner in the UK, operating in over 1,200 sites.

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