SPAR to wind down hypermarket concept in Romania

SPAR Romania announced that it will close its store in Targu Mures, which is its only hypermarket in Romania, Piata magazine has reported.

 “The format of the Targu Mures store
is too large and atypical for what we want the SPAR concept to be in
Romania, we will focus on the small supermarket format,” said the
General Manager of SPAR Romania, Sorana Georgia. Spar currently
operates 20 stores in Romania. Spar Romania was in negotiations to
sell 49% of its shares to an investment fund; however talks failed at
the end of last year.