€680 million invested in expansions and upgrades
Last year, the SPAR Austria Group invested a total of €680 million in the development of new stores, as well as the modernisation of existing outlets, a production plan and a distribution centre. In 2020, an estimated €750 million is to be invested into continued modernisation and growth, including further expansion of the central warehouse in Wels, Upper Austria.
Over 2,200 new jobs created
The SPAR Austria Group created over 2,200 additional jobs in 2019, nearly half of which are based in Austria. Operating 3,207 stores in the combined markets, the SPAR Austria Group employs over 85,000 people and 3,274 trainees in eight countries. SPAR is currently also aiming to recruit 700-900 new trainees for 21 different apprenticeships in Austria.
In 2019, the total number of SPAR, EUROSPAR, and INTERSPAR stores in Austria remained around 1,560. INTERSPAR invested €21.5 million in the modernisation of the hypermarket in Amstetten, Lower Austria. In October 2019, the completely renewed INTERSPAR Hypermarket was reopened featuring extensive fresh sections and a new restaurant. In 2019, a new design for SPAR Express forecourt stores with increased market-style atmosphere was developed. By the end of 2020, 20 converted SPAR Express forecourt stores are set to open.
To mark INTERSPAR Hypermarkets 50th anniversary this year, the group is running a major expansion programme: in and around Vienna, five INTERSPAR Hypermarkets are currently being modernised and two new stores are being built.
Dr. Gerhard Drexel, SPAR Austria Group CEO: “Thanks to our sensational growth in 2019, we were able to increase our market share last year alone from 31.9% in 2018 by +0.8 percentage points to a historic high of 32.7%.”
Sales growth of 6.0%
Austria SPAR International AG (ASPIAG) operates 1.277 SPAR and EUROSPAR Supermarkets and 107 INTERSPAR Hypermarkets in northern Italy, Hungary, Slovenia, and Croatia. These countries achieved a combined total turnover of €5.99 billion in 2019 – a sales growth of 6.0% compared to the previous year.
In Northern Italy, the openings of two INTERSPAR Hypermarkets in Rovereto and Carpi were particularly noteworthy. In addition to the DeSPAR Supermarket in the Teatro Italia in Venice, another store was opened in a historic building: at Prato della Valle in Padua – one of the largest squares in Europe. In total, the 535 DeSPAR and EUROSPAR Supermarkets and 39 INTERSPAR Hypermarkets generated sales of €2.33 billion – an increase of 3.4% compared to the previous year.
In Slovenia, 91 SPAR Supermarkets and 12 INTERSPAR Hypermarkets are company-owned whilst 20 SPAR Supermarkets are managed by independent retailers. SPAR Slovenia generated gross sales of €848 million last year, an increase of 4.0%, making SPAR the second largest food retail brand in the Slovenian market.
SPAR Hungary experienced strong expansion in 2019. The 34th INTERSPAR Hypermarket in the country was opened in Tata. In total, the number of stores has grown from 555 in 2018 to 572 in 2019. Gross sales increased by a sensational 10.0% (including adjustments for exchange rate impacts), reaching a milestone of €2 billion.
SPAR is also expanding in Croatia: A new INTERSPAR Hypermarket in the city of Zadar and five new SPAR Supermarkets were added to the SPAR network in 2019. SPAR Croatia generated gross sales of €720 million, an increase of 5.0% (including adjustments for exchange rate impacts).
Source: SPAR Austria
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About SPAR Austria
The origins of SPAR in Austria date back to 1954, but the current SPAR AG was created in 1970 when the original founding families joined with other regional wholesalers to form SPAR Austria AG – a 100% privately owned Austrian company.
With licences granted by SPAR International, ASPIAG (Austria SPAR International AG) has developed SPAR in Slovenia, Hungary, Croatia, and Northern Italy.