Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Spar sparring for the affluent
The Citizen
|December 19, 2024
NEW PREMIUM STORES: BUT IS IT TOO LATE?
-
Retailer Spar has announced that it will open its first "premium" store targeting more affluent customers in around April next year. New CEO Angelo Swartz laid out this plan about a year prior. Spar has a total of three or four such stores planned for next year.
This move comes as rivals Woolworths and Checkers continue to steal market share as they both push for a greater share of the upmarket segment. This is presumably mostly being taken from Pick n Pay and Spar.
Spar made specific mention of "increased competitor activity" in its results for the 2024 financial year (to end September). Checkers Sixty60 has surely been one of the biggest impacts as it specifically targets the convenience occasion.
Quite how it manages to do this while retaining the rest of its footprint in the standard Spar supermarket format remains to be seen.
Best of both?
Dit verhaal komt uit de December 19, 2024-editie van The Citizen.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Citizen
The Citizen
Boy's killer faces new trial
US prosecutors asked a judge on Tuesday to retry the main suspect in the infamous New York kidnap and murder of a six-year-old boy 46 years ago.
1 min
November 27, 2025
The Citizen
SA weighs 20% tax on online gambling
South Africa is considering imposing a 20% tax on online gambling to curb its rapid growth and address related social harms.
1 min
November 27, 2025
The Citizen
R6m reasons to hit jackpot
OPPORTUNITIES: SUMMER CUP A BETTOR'S DREAM
1 mins
November 27, 2025
The Citizen
Pension fund collapse exposes national rot
Incompetence and interference erode workers' futures. SA needs brains, not decay, writes Ivan.
1 min
November 27, 2025
The Citizen
We deserve more Tests
After an incredible two-Test shellacking of India on their home turf, surely the Proteas Test team deserve to be respected - and rewarded?
1 mins
November 27, 2025
The Citizen
Victory over India was team effort
It takes a special bunch of players to beat India in their backyard in Test cricket.
1 mins
November 27, 2025
The Citizen
Better life derailed by looting
There has been an explosion on the looting express.
1 mins
November 27, 2025
The Citizen
Trump turns turkey pardon into political roast
Donald Trump turned Washington’s fluffiest tradition into something a little tougher to carve on Tuesday - swapping holiday cheer for political score-settling as he pardoned two turkeys in the annual White House Thanksgiving ceremony.
2 mins
November 27, 2025
The Citizen
Tshituka: Sharks in ‘a good space’
Despite their coaching shakeup, poor form and Springbok duties, Sharks captain Vincent Tshituka said the team is “in a good space” mentally and preparation-wise ahead of Saturday night's clash with Connacht.
1 mins
November 27, 2025
The Citizen
Preparing for combat
Taiwanese President Lai Ching-te said yesterday his government will propose $40 billion (about R686 billion) in additional defence spending over eight years, as the democratic island seeks to deter a potential Chinese invasion.
1 min
November 27, 2025
Listen
Translate
Change font size