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28th May 2021 At its virtual trade conference yesterday, SPAR unveiled plans to invest £125m in its stores, supply chain, and IT over the next 12 months to capitalise on its strong performance during the pandemic. After benefiting from the consumers shopping more locally during 2020, the convenience symbol group highlighted that its sales were still up 8.5% over the four weeks ended 28 March 2021, compared to the same period two years ago before the crisis. This growth is being driven by bigger baskets (+31%) and changes in the chain’s product mix and pack sizes. “Last year was a year which saw accelerated growth as a result of the dedication and focus of our colleagues. Therefore, we are going to support them by investing £125m in our business in the year ahead,” said SPAR UK Managing Director, Louise Hoste.

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