Dutch retail giant Spar plans to enter Lebanon

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Dutch supermarket chain Spar is to enter Lebanon with the opening of 10 stores over the next five years.

Spar, the world’s largest co-operative of independent food retailers and wholesalers, currently operates more than 12,000 stores across 35 countries worldwide.

The licensing agreement between Business Management Integrated (BMI) Holding and Abu Dhabi Co-operative Society will see Spar open supermarket, hypermarket and convenience store formats across the country, with the first due to launch in early 2014.

"We are very excited at the expansion and development of Spar in Lebanon and delighted to have BMI Holding on board,” said Dr Gordon Campbell, CEO of Spar International.

“We are confident that they will find excellent locations and open quality stores to provide Lebanese consumers with an exciting new customer experience," he added.

Spar operates what it calls a ‘voluntary chain’ model, which see close co-operation of independent retailers and wholesalers underneath the Spar brand.

Earlier this year, Campbell told Reuters that Spar was seeking to open 30 stores across the Middle East by the end of 2015, including eight in Abu Dhabi and two in Qatar. It was also seeking to move into Oman and Saudi Arabia over the next three years, he added.

SPAR expects its Middle East operations to generate revenues of over $1bn in five to ten years, Campbell said. The company expects its global turnover to have hit $43bn in 2012, up 4.5 percent over the prior year, he added.

Austria and Norway are its biggest European markets in terms of revenue while Australia, South Africa and China are major markets. By the end of 2015, SPAR projects turnover will hit $50bn as it expands into new markets.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Growth spurt for Gulf's e-commerce sector

Growth spurt for Gulf's e-commerce sector

The recent sale of Talabat.com to Germany’s Rocket Internet for...

How the UAE is sewing together a top industry

How the UAE is sewing together a top industry

In the shadows of oil and aviation, the UAE’s textiles industry...

Mall talk

Mall talk

Plans for Dubai’s Mall of the World have made headlines all over...

Most Discussed
  • 17
    Nakheel PR: The toughest job in Dubai?

    You forgot to mention the sewage pit between JLT and Jumeirah Park and the terrible landscaping in Jumeirah Park The chain link fencing they want to install... more

    Monday, 30 March 2015 9:05 AM - An Emaar Fan
  • 14
    Dubai Int'l T1 is too congested, says Indian airline boss

    Question: All you people, criticizing my comment, do you work for Air India by any chance?

    Additionally, for all the whiners, I will provide you... more

    Tuesday, 31 March 2015 12:50 PM - Mosa
  • 9
    Post traumatic stress?

    I once had a Emirates Post employee hang up on me when I asked her to repeat something. That said, the worst is my management company, Kingfield Management... more

    Sunday, 29 March 2015 6:07 PM - Sarah