SPAR enters Cyprus

The partnership will focus on the opening of company owned food retail outlets, whilst also expanding the SPAR footprint of stores through partnerships with independent retailers.

The first SPAR stores in Cyrus are expected to open in the first quarter of 2018 with the aim of launching more than 20 SPAR supermarkets over the coming five years. The stores will be both independent retailer conversions to the SPAR brand and new company owned greenfield SPAR Supermarkets to be developed by Ermes.

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Managing director of SPAR International Tobias Wasmuht said: “The introduction of SPAR to…