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Spotlight Group s lofty plans to open 150 stores in five years
15 Mar, 2021 03:00 AM
5 minutes to read
Spotlight will invest more than A$17 million as part of its expansion throughout New Zealand. Photo / Supplied
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
Retail juggernaut Spotlight Group is gearing up to embark on a 150-store expansion drive across New Zealand, Australia and parts of Asia. The $2 billion company, which also owns outdoor equipment retailer Anaconda and homewares chain Harris Scarfe, sees a bright future in bricks and mortar retail.
With 20 homewares and fabric stores already operating across New Zealand, Spotlight plans to add another 10 locations to its portfolio within the next five years, investing more than A$75 million ($81m) in the market on store openings alone.
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