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Spar sales suffer as store numbers and consumer spending both fall

Spar unveiled a retail sales drop of 1.8% to €3bn (£2.4bn) for 2013, as reduced store numbers and pressure on consumer spending dented its UK business.

Accordinf to Retail Week, store numbers fell 2.8% to 2,380 for the year to December 31, 2013 and retail selling space declined by 2.8%. The retailer said format development was a key focus, including a Macro Space Model created to support retailers to position their stores by target market and product range.

In August last year, Spar opened its first branded petrol station in partnership with Harvest Energy. The concept is being presented at the Spar International Congress this week and the retailer said it will work with interested partners to develop and adapt the concept to suit specific markets and locations if they wished to wish to roll it out.

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