Spar looks to delivery as profits decline

News
0
Please log in or register to do it.

Spar chief executive Angelo Swartz

Spar chief executive Angelo Swartz was candid about the retailer’s sudden surge in online volumes — which grew 463% for the six months ended in March 2024 — attributing this to its belated digital entry.

“The growth is spectacular but it is off a low base, if I am honest. It is an area where we have had a late entrance to the market and because of that I see us having that elevated growth for some time until we can grow some market share,” Swartz said during an interview after the release of the group’s…



Your email address will not be published. Required fields are marked *

Orlando Pirates to unveil this striker as 2nd signing after Mbatha?
'So help me God': What to expect in National Assembly's first sitting