SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland
SPAR and EUROSPAR plan to add 60 new stores to their combined network in Ireland by 2025, taking the total number of stores across the country to 525.
The project will see an investment of €65 million from BWG Foods, as well as independent SPAR and EUROSPAR retailers.
Retail sales exceeded €1.6 billion (up 4.5% year-on-year) in 2022 across the combined network of SPAR and EUROSPAR.
In 2023, SPAR and EUROSPAR hope to achieve sales of €1.67 billion due to increased consumer spending and income from new stores opening in that period.
BWG Foods has identified several potential greenfield and brownfield sites for the new stores and will be focusing on the emergence of new communities in the vicinity of Ireland’s major cities as new housing developments come up.
The new stores will create over 1,100 new jobs, the retailer noted.
SPAR and EUROSPAR also plan to upgrade more than 100 existing stores across Ireland. The renovation plan includes the rollout of a new store design for the EUROSPAR supermarket format featuring a number of carbon-reduction measures. These include refrigeration technologies, solar panel installations and recycled fixings.
Related news
NKFH: poppy seeds recalled due to pesticide
Spar Hungary Ltd. has recalled edible poppy seeds due to…
Read more >Teaming up for thousands of paws – SPAR and the National Animal Protection Service together help animals in need
Thanks to the joint work of SPAR Hungary and the…
Read more >Tommy Brings Coop Italia Products Exclusively To Croatia
Croatian grocery retailer Tommy has forged an exclusive partnership with…
Read more >Related news
Leadership change at Fornetti: Nándor Szabó is the new Managing Director
Nándor Szabó will take on the role of CEO of…
Read more >Drought, technological competition and collaboration: the domestic melon season has begun
The 2025 Hungarian melon season starts amidst serious challenges: the…
Read more >Change in Zwack management: Csaba Belovai is the new CEO of Zwack Unicum Plc.
According to the decision of the owners of Zwack Unicum…
Read more >