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SPAR SWOT & PESTLE Analysis

ID : 521434553| Jan 2023| 20 pages

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

SWOT
PESTLE
The SWOT analysis for SPAR is presented below in a matrix format followed by a detailed analysis:
StrengthsWeaknesses
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
OpportunitiesThreats
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
SWOT & PESTLE (combined)
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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.

Major Competitors :

SWOT & PESTLE (combined)
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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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SPAR SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2023). SPAR SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/spar/ [Accessed 02 Feb, 2023].

In-text: (SWOT & PESTLE.com, 2023)

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SPAR SWOT and PESTLE analysis has been conducted and reviewed by senior analysts from Barakaat Consulting.

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