SPAR Group, South Africa’s largest retailer, has experienced an increase of 5.8% in sales across its international chains, including the Irish BWG Foods (6.9%), Switzerland-based stores (1.9%), and Polish stores (11.8%). The reliable and resilient strategies enabled the retailer to hit a €2.67 billion valuation. Due to the increased demand and sales of liquor, South Africa’s SPAR enjoyed a wholesale growth of 8.2%. While at the Switzerland-based operations, the turnover rate increased up to 15.9%.
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