COMPANY PROFILE -SPAR
Business Sector :Food and Drug Retailers sector
Operating Geography :Netherlands, Europe, Global
About SPAR :
SPAR, originally known as DESPAR or DE SPAR, is a multimillion-dollar Dutch conglomerate that provides brand value and support systems to independently owned food retailers. It was started in 1932 in Netherlands by Adrian van Well, and as of early 2023 consists of more than 13,600 stores with a presence in 48 countries and a revenue of 41.2 billion dollar. The name of the company is derived from the Dutch saying “Door Eendrachtig Samenwerken Profitereen Allen Regelmatig” which means “All Benefit from Joint Cooperation Regularly”, a saying on which Adrian based the company. The headquarters are located in Amsterdam and the company has a presence in almost every European country, along with several parts of Africa, Asia and Oceania. Partnering with a SPAR shop is pretty easy, and based on the rules of the particular country, SPAR store can be owned by an individual, by a franchisee, or be a part of a chain of stores. There are many different types of SPAR stores around the world, like EuroSPAR for European stores and SuperSPAR for South Africa, InterSPAR, KwikSPAR, SPAR Express, SPAR Drive-thru, SPAR Gourmet etc.
The mission of SPAR is to “ensure that SPAR remains the world’s leading voluntary food retail chain and that we continue to grow our brand, our presence and our partners by working together”. The USP of SPAR is that it operates closely with the retailers and wholesalers at a local level to meet the demands of the consumers.
SPAR Revenue :
€41.2 billion – FY ending 31st March 2021
€39.8 billion - FY ending 31st March 2020
Competitive Analysis of SPAR
The SWOT analysis for SPAR is presented below in a matrix format followed by a detailed analysis:
Strengths | Weaknesses |
1. High level of customer satisfaction and acquisition
2. Wide-spread and well-established business all across the world
3. Strong presence in the Middle East
4. SPAR has a competitive advantage in Oman, UAE and Saudi Arabia
| 1. High average basket pricing than its competitors |
Opportunities | Threats |
1. SPAR International continues to grow in the Middle East
2. GCC retail industry will surpass pre-pandemic levels in 2022
3. SPAR Austria sees growth opportunity for independent retailers in Vienna
| 1. Controversies from Russia – Ukraine War
2. Consequences of Climate change on food industry
3. Cyber-attack on SPAR supermarket systems
4. Retailers and food producers worldwide in crisis mode due to Covid-19
|
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Detailed SWOT Analysis of SPAR
Strength
1. High level of customer satisfaction and acquisition: In the first Italy's Best Customer Service poll 2022–2023, SPAR Italy, also known as DESPAR Italia, distinguished out. About 16,000 customers from throughout the nation participated in this extensive study, which rated businesses using five criteria: customer service availability, customer service quality, professional competence, communication quality, and range of customer service-oriented solutions. DESPAR stood out in the Retail - Supermarket area by the accessibility of its services and the expertise of its personnel. This reflects the brand's high level of consumer loyalty and value. The outstanding result comes on top of another significant honour DESPAR Italia obtained in 2022 for the second consecutive year: the "Retailer of the Year" award in the category of Supermarkets.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for SPAR is presented below in a matrix format followed by a detailed analysis:
Political | Economical |
1. Political instability in Middle East SPAR markets may hinder trading | 1. FIFA 2022 taking place in Qatar may increase SPAR’s business.
2. Middle East's most profitable economic benefit is its rapidly expanding retail industry
|
Social | Technological |
1. Gulf consumers are price sensitive – Must be taken care of by SPAR
2. Customers assert that an organization's experience is just as significant as its goods or services
3. The trend of mindful eating is growing in the Middle East
| 1. E-commerce is a major development driver in the Gulf retailing sector
2. Introducing innovative emission-free autonomous maritime drone delivery
|
Legal | Environmental |
1. Consumer protection and e-commerce
2. Trade regulations & tariffs related to Services
3. SPAR is requesting a legal opinion about loan allegations.
| 1. Steps towards waste management and optimum resource utilisation
2. Introduction of biodegradable shopping bags in retail
3. Targets for energy efficiency and greenhouse gas savings
|
On purchase the SPAR SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed Pestle Analysis of SPAR
Political
This section is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
1. Steps towards waste management and optimum resource utilisation: Given that food production, transportation, and processing produce a large amount of Carbon Dioxide (CO2) emissions, food waste exacerbates the climate change crisis. SPAR International reported a significant achievement in its partnership with Too Good To Go, saving 2.5 million meals across European markets. The relationship between SPAR and the social impact organisation has grown to 14 overlapping markets since the start of the worldwide alliance in December 2020, and it has been instrumental in assisting SPAR outlets distribute excess food that may otherwise go to waste. With the help of the alliance, more than 2,360 establishments are actively reducing food waste. By allowing customers to pick up bags full of high-quality items that are nearly at their expiry dates at a significantly discounted price, Too Good To Go's app solution complies with SPAR's philosophy of "better together" and helps SPAR decrease food waste. Fresh foods and products with a short shelf life have shown to benefit most from using this option.
The remaining section under "Environmental" is available only in the 'Complete Report' on purchase.
On purchase the SPAR SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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Check Out Analysis of Other Relevant Companies
References used in SPAR SWOT & PESTLE Analysis Report
1. SPAR Italy recognised in Best Customer Service 2022-2023 survey - https://spar-international.com/news/spar-italy-recognised-in-best-customer-service-2022-2023-survey/
2. Latest news - https://spar-international.com/pressroom/
3. SPAR Country Figures - https://spar-international.com/aboutus/spar-country-figures/
4. Spar Group – Company Snapshot - https://contenthub.sasfin.com/insights/articles/spar-group-company-snapshot/
The detailed complete set of references are available on request in the 'Complete report' on purchase.
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