SPAR Austria increased its market share from 32.1% (2018) to 32.8% (2019) and now holds an outstanding 34.0% as domestic market leader in the first half of 2020. In the month of June, their market share stood at 34.5%. The company’s market leadership was first reported in April of this year.
SPAR Austria CEO Dr Gerhard Drexel said about the excellent development: “As an Austrian family company with strong local and regional roots, we are proud of our position as the new market leader in the food trade in Austria. I would like to sincerely thank and congratulate all 45,700 employees for their courageous and responsible work.”
In 2019, SPAR was for the 10th year in a row the undisputed growth leader in the supermarket and hypermarket sector in Austrian food retailing. SPAR in Austria grew by 4.7% in 2019, more than double the Austrian food retail industry’s estimated growth of 2.1%, according to Nielsen.
Source: SPAR Austria
Read more news from SPAR Austria
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.