SPAR Albania further expands with plans to open two more stores

SPAR Albania now employs approximately 500 people across its SPAR Hypermarkets and Supermarkets

Tirana, Albania, 2017-Nov-24 — /EPR Retail News/ — Since its launch in October 2016, SPAR Albania now operates more than 30 stores in nine cities across the country – a very rapid pace of expansion in the space of just one year.

This rate of growth is set to continue with plans in place to open two more stores, which would bring the total retail sales space in the country to over 13,500m2 by the end of 2017.

Originally launched in the city of Tiranë, the expansion has seen the brand become available to shoppers in a number of other cities including: Durrës, Elbasan, Shkodër, Gjirokastër, Pogradec, Sarandë and Vlorë. SPAR Albania now serves an estimated 30,000 customers per day and employs approximately 500 people across its Hypermarkets and SPAR Supermarkets.

The broad range which SPAR Albania has available in its distribution centre of 40,000 items includes 3,000 own brand items trading under the SPAR and DESPAR labels, including a range of Western European products, sourced from partner countries such as Italy as well as from the SPAR International trading division in The Netherlands.

When it launched, SPAR Albania, through the Balfin Group, announced that it was planning to invest over €50 million in expanding its retail network and has the ambition to become the largest grocery retailer in the country.

To read more SPAR Albania news, follow this link.

About SPAR Albania
The licence for SPAR in Albania was granted in mid-2016 to Almark, a private company owned by the Balfin Group, one of the largest private investment groups in the country. After launching in October 2016, conversions have continued of company-owned stores whilst also sub-licensing independent retailers, expanding the brand’s reach. SPAR Albania operate two formats: INTERSPAR Hypermarkets and SPAR Supermarkets.

SOURCE: SPAR International

CONTACT
info@spar-international.com
+3120 626 6749

SPAR announces new partnership with Balfin Group at the opening of its first stores in Albania

Tirana, Albania, 2016-Oct-10 — /EPR Retail News/ — SPAR has officially announced a new partnership with Balfin Group, at the opening of its first stores in Albania. The two largest food stores in the country opened today (OCTOBER 7, 2016) under the INTERSPAR brand –  7,200 m2 in Tirana East Gate (TEG) and 3,800m2 in QTU shopping centre.

Balfin Group is the largest private company operating in Albania. The company entered into food retail in 2005 with the development of the Euromax chain of stores and has been operating 15 large food retail stores (2 Hypermarkets and 13 Supermarkets) under the Carrefour brand.

SPAR Albania as part of Balfin Group will convert its current 15 stores with the development of the two INTERSPAR Hypermarkets to be followed by the conversion of the supermarkets. By the end of 2017, Balfin Group plans to open over 100 supermarkets and 10 hypermarkets, creating the largest retail network in Albania and investing over €50 million in the project.

SPAR International Managing Director, Tobias Wasmuht said “We are delighted to be partnering with Balfin, a leading privately owned Albanian business Group, to develop SPAR Supermarkets and INTERSPAR Hypermarkets in Albania. Working in true co-operation with the Balfin Group, we are able to unite the best of international with the best of local, creating an excellent proposition of value, service, quality and choice for our customers in Albania.”

Speaking about the partnership Julian Mane, the Vice President of Retail at Balfin Group said “We are delighted to be partnering with SPAR. Our multi-million euro investment and ambitious plans for expansion are based firmly on our confidence in the SPAR offering. The expected growth of the Albanian market and our strong distribution and logistics capabilities strengthen the partnership further. We look forward to bringing these modern new store formats, excellent products and great customer service to our customers in Albania.”

Entry into Albania brings to 44 the number of countries where SPAR currently operates and marks SPAR’s second announcement of international expansion in 2016. SPAR International reported global retail sales in 2015 of €33 billion from over 12,100 stores across four continents.

The launch of the SPAR Brand has been complemented with a television campaign, city wide outdoor advertising as well as the launch of the two Hypermarkets and the conversion of some of the existing supermarkets to the SPAR Brand to open this year.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International