At the Conference, delegates reflected on the results of 2018, which saw SPAR Guangdong expand its retail business to 10 cities, opening 12 new stores and achieving 14% growth in retail sales compared to the previous year. It was the third year in a row that the number of employees and the retail sales increased in the region.
The overall success of SPAR Guangdong is mainly thanks to all the hard-working employees who were acknowledged for their outstanding service and achievements.
In response to changes in the retail industry and the demands of today’s modern consumers, SPAR Guangdong is working to empower its teams to use existing resources to drive sales and establish continued high-quality retail stores that meet the needs of an ever-changing customer base.
At the 2019 Conference, SPAR Guangdong defined its strategy for the next 12 months and outlined its new theme, Back to Basics. The team also introduced a five-year rolling plan, which follows 10 key topics.
2018 at a glance:
• Investments in stores, the supply chain and employee growth
• Expansion in four geographical areas
• New technologies and business models established
Source: SPAR China
Read more about 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.