MALAWI: Spar opens first outlet in country
Spar International has announced the opening of its first store in Malawi today (23 May), making the African nation the 34th country in which the grocery retailer is present.
The store, based in the country's capital, Lilongwe, covers 1,690 square metres and includes several food departments including bakery, meat and delicatessen.
The retailer said that locally-sourced fresh produce will be available in store, alongside a range of Spar private-label products, sourced through a purchasing agreement with Spar Zimbabwe and South Africa.
Spar International managing director Dr Gordon Campbell said: "Following the success of Spar Nigeria opening last year, a suitable partner was found for Malawi who will work closely with Spar International to adapt their expertise to suit local needs. Malawi has a relatively undeveloped retail infrastructure, but it is expanding, and the production of fresh foods in the capital city enables retailers to offer good quality products at value prices."
The retailer has partnered with a company with experience in the retail and finance sectors in Zimbabwe, as well as other African countries, said Campbell.
The retailer plans to open up to 10 more supermarkets and Express convenience stores over the next five years.
There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories....
The uncertain economic outlook, fed by the fears over Greece's public finances and pessimism over the growth prospects of markets like the US and the UK, is a key theme of this week's World Retail Con...
Sam Webb discusses emerging markets and consumer confidence with Tobias Wasmuht, international retail and marketing director of Spar International, as well as managing director of Spar China, having l...
Spar stores in the UK have rolled out a marketing campaign that compares its prices with those in Tesco's convenience outlets....
PepsiCo's strategic options grabbed the headlines this week, with the company insisting it was not considering plans to split in two and then 48 hours later being linked to a yoghurt venture with Germ...
- It won't just be Unilever to push for Brexit hikes
- Price an underlying tension across European FMCG
- Danone's Q3 sales - what the analysts say
- Interview: UK trade body on Brexit's policy impact
- Interview: UK trade body on the impact of Brexit
- Nestle lowers outlook on "softer environment"
- PepsiCo sets 2025 nutrition, sustainability goals
- China "transition" drags on Danone Q3
- UK announces "action plan" to drive food exports
- CP Foods invests in UK foodservice firm Foodfellas
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review
- Global Food Packaging: Innovating for Greater Convenience and Quality Image
- Packaged Food: Quarterly Statement Q3 2016