LATEST NEWS FOR The SPAR Group Ltd.  

The SPAR group acts as a wholesaler and distributor of goods and services to SPAR supermarkets, Build it building materials outlets, and TOPS at SPAR liquor stores.... [more info]

Liquor sales raise Spar’s profit nearly 10%

Graham O’Connor – CEO, Spar Group

Spar posts profit rise despite consumer pessimism

CEO says South African economy starting to improve.

South Africans are paying more to drink

Retailer revenue growth is soaring, while sales volumes remain steady.

Spar numbers up, bolstered by Tops, building materials section

It hiked its half-year operating profit by 5.1% to R1.4-billion.

Financial counters the main drag on local tickers

While financials were down 0.72%, gold counters bucked the trend.

Five things making headlines in South Africa today

It's goodbye from Gigaba, Spar results, retail sales figures, MTN to apply for mobile money service in Nigeria, VBS Bank to be wound up.

Spar Group out with pedestrian FY revenue growth

‘We are very positive about our entry into the Sri Lankan market,’ says CEO Graham O’Connor

JSE directors on a buying spree

Exceeds sellers by a factor of three, suggesting growing confidence in key areas of the market.

Spar Group sees Q4 sales up nearly 17%

Liquor sales growth in SA exceeded 11.3%.

Pick n Pay loses exclusivity bid

Concourt denies Pick n Pay an interdict to stop Game from selling fresh food at Capegate.

SA retail is in trouble

Retailers have been growing their own debt-levels and gearing's been exploding, while ROE has been falling.

Spar FY profit boosted by strong Irish unit

‘We've just entered into a joint venture in Sri Lanka, which will deliver returns in due course’ – Graham O'Connor – CEO, Spar.

Rand falls on US rate hike bets, stocks rise

Stocks gained led by the retail sector.

Spar Group pulls out of Zimbabwe

Retailer cites tough economy.

Turnaround efforts put Pick n Pay back on its feet

Management shifts focus on retail basics such as customer service, store roll outs and measured moves into the rest of Africa.

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