Russia - Spar to launch Premium Format

16 May 2013 5:24 PM | Anonymous
Spar Retail – one of the Russian partners of the Dutch Spar grocery retail concern – is planning to open stores in a new premium supermarket format.

The concept is ready, and, if it is approved, the Spar first premium class store will open in the Moscow region by the end of 2013. It will operate on a trading space of 600 m2.
Today, the main business of Spar Retail, which now operates in the middle-plus bracket, is represented by 24 outlets in Moscow, the Moscow Province and Vladimir. Each of the stores takes up about 600 m2, and the largest variation – more than 1,000 m2.
In Russia overall, the Spar brand is developed by 11 partners: Spar Retail, Spar Middle Volga, Spar Tula, Spar Vostok, Spar Chelyabinsk, Spar Komi, Spar Severo-Zapad, Spar Tyumen, Spar Krasnoyarsk, Spar Irkutsk and Spar Tomsk.
According to Kommersant, in 2012 the premium subdivision of the retail market in Moscow generated sales worth more than $5bn.

Source - www.russiaretail.com