SPP

Spar (SPP): Entrepreneurial resolve

With virtually no space growth in Spar SA, the local division did well with delivering topline growth that was almost all same-store growth (+8.1%, compared to PIK’s +3.8% and SHP’s 3.1%). We explore the reasons behind this superior same-store performance through a discussion with a successful Spar franchisee who faced considerable competitive pressures over the past two years as four new competitor stores opened in his trading location.