Blog: Spar next to take a punt on India
Dean Best | 17 March 2010
A week after Spar International told just-food its latest plans for expansion in India, the global symbol group opened its new 8,000m² hypermarket in the city of Bangalore this week.
Spar said the store is the biggest hypermarket in any mall in India and is the next step in its plan to have 25 hypermarkets in the country by the end of 2012.
“Unique design features include a stunning glass surround enabling customers to watch their selected fish being prepared, the bakery production area is shielded by glass so that customers can see the cakes and pastries being finished, and we have the biggest trolley fleet in South India,” said Spar International MD Dr Gordon Campbell.
"The food solutions on offer are largely for instore refreshment, and include a Spar bakery and concept counters providing fresh juices, Indian savouries and sweets and fruit salads. Shoppers can of course also buy these items to take away."
The store's products will include a 100-strong private-label range buy the end of the year and Spar said the "majority" of foods available are locally sourced.
"Spar International has and will continue to provide a strong support role in the development of the hypermarket format in India,” Dr Campbell insisted.
Multinational expansion makes headlines in India but we must remember the growth seen by the country's domestic retailers.
The likes of Pantaloon Retail, Reliance Retail and Aditya Birla Retail are expanding and, although the progress of India's home-grown players may be mixed, the cards are right now stacked in their favour - principally due to the local laws restricting foreign ownership in the sector.
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