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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]

Rand falls on US rate hike bets, stocks rise

16 Nov 2016 /  Stella Mapenzauswa and Tanisha Heiberg, Reuters  
Stocks gained led by the retail sector.

Spar Group pulls out of Zimbabwe

16 Nov 2016 /  TJ Strydom, Reuters   1
Retailer cites tough economy.

Turnaround efforts put Pick n Pay back on its feet

19 Oct 2016 /  Ray Mahlaka   3
Management shifts focus on retail basics such as customer service, store roll outs and measured moves into the rest of Africa.

Retailers lose their bid to delay Massmart complaint

2 Sep 2016 /  Tiisetso Motsoeneng, Reuters  
Massmart's 2014 complaint said its grocery sector expansion was hampered by lease arrangements restricting malls from renting to rival food retailers.

Checkers wins in the supermarket battle of the freebies

29 Jul 2016 /  Hilton Tarrant    5
‘Little Shop’ promotion sums up the group’s shrewdness, perfectly.

The JSE’s most popular mid-cap stocks

15 Jun 2016 /  Patrick Cairns  
The smaller shares fund managers love.

Retail shares: Looking increasingly frothy

10 Jun 2016 /  Ray Mahlaka    1
Investors support SA’s retail shares despite the consumer and economy malaise.

Spar also sees more weakness in SA’s retail market

19 May 2016 /  Ray Mahlaka   
But its Ireland and Switzerland operations are likely to buffer against SA’s retail slump.

Rand regains ground after slipping on slowing CPI, stocks up

18 May 2016 /  Mfuneko Toyana and Tanisha Heiberg, Reuters  
Weaker rand benefits rand-hedge stock.

Spar: H1 profit up 5.3%; dividend 255c/share

18 May 2016 /  Siki Mgabadeli  
‘We are very excited about what transpired in Ireland and England’ – Graham O’Connor, CEO – Spar.

SABMiller out with annual results today

18 May 2016 /  Siki Mgabadeli  
Chris Gilmour on the weak rand, gold shares, Spar, food inflation, SABMiller and rate hikes.

Spar H1 profit rises 5% as sales improve

18 May 2016 /  Thembisile Augustine Dzonzi and Liezel Hill, Bloomberg  
Interim dividend of 255 cents per share.

CompCom probe into SA’s grocery retail sector still on-going

18 May 2016 /  Ray Mahlaka  
The inquiry’s recommendations are expected to be concluded in May 2017.

Spar agrees to buy majority of Swiss company to boost growth

9 Mar 2016 /  John Bowker, Bloomberg  
The Durban-based company will buy 60% of Spar Switzerland for $45m.

Food retailers become aggressive to keep tills ringing

11 Feb 2016 /  Ray Mahlaka    1
Counters focusing on competitive pricing, promotions and efficient use of store space could emerge as front runners.

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