SPAR China Partner wins prestigious awards

July 23, 2018 IN THE CATEGORY: Awards and prizes

SPAR China Partner, SPAR Shandong, recently received two awards: one for showing exemplary measures in low carbon supermarket developments and the other for innovation in business.

Low Carbon Award

At the recently held China Green Consumption Congress in Beijing, SPAR Shandong store, SPAR Tongcheng, was recognised as an exceptional example of a low carbon supermarket. The event, which brought together leaders from government and international organisations such as the United Nations Environment Programme (UNEP) and the World Wildlife Fund (WWF) to discuss environmental sustainability and low carbon initiatives, also saw Vice President of SPAR Shandong, Madam Fu, being awarded with a prize for her excellent contributions to this cause.

Innovative Business Pioneer Award

A second award for SPAR China came at the 2018 China Newly Listed Company Summit in Shanghai, where SPAR Shandong was honoured with the Innovative Business Pioneer Award.

The recognition came for the company’s strategy of regional concentration and rural-urban integration through its multi-format store network, which includes hypermarkets, neighbourhood supermarkets, rural stores and modern lifestyle stores. Fresh is a key focus area for SPAR Shandong, with the category making up 40% of sales in 2017. The company has also been investing a lot in developing its own brand product range, which accounted for almost 9% of the company’s revenue in 2017.

Source: SPAR China

About SPAR China

SPAR was introduced to China in 2004 with the signing of the licence agreement for Shandong Province. This was followed by the addition of more partners, and now SPAR has eight partners in nine provinces: Shandong, Guangdong, Shanxi, Inner Mongolia, Beijing, Sichuan, Henan, Hebei and Yunnan.

The privately-owned retail chains licensed to operate SPAR have a cooperative relationship in line with the original SPAR mission of working together to reduce costs, maximise sales and increase profits. The SPAR China Partners, whilst part of a leading international group, maintain 100% local ownership.