On the way to Israel:
The international food retail chain SPAR has signed a document of intent and representation (LOI) with the former CEO of Beitan Wines, Amit Zeev, in preparation for its launch in Israel under a franchise agreement.
The Dutch chain intends to bring with it a unique international shopping experience and will work to make the best products in the world accessible at fair and significantly cheaper prices than is customary in Israel.
SPAR, which operates in a local franchise model, is currently active in 48 countries, through 13,623 stores worldwide serving 14.5 million customers daily, with an annual sales turnover in 2021 of approximately 41.2 billion euros.
Amit Zeev,
The company operates several different formats: convenience stores under the SPAR Express brand, neighborhood stores with areas of 2,000-1,000 square meters under the SPAR brand and supermarkets over 1,000 square meters under the EUROSPAR brand and giant stores, hypermarkets over 3,000 square meters under the INTERSPAR brand.
Model SPAR's operation is based on an efficient and seamless supply chain working closely with manufacturers and suppliers to ensure an attractive value proposition for retailers and offer consumers choice, value, freshness and service.
SPAR was founded in the Netherlands in 1932 by Adrian van Wall and has an average annual growth rate of 5.1%.
The international retail giant has recorded an increase of over 10 billion euros in its annual turnover since 2015 and is expected to reach, according to forecasts, a turnover of 50 billion euros in 2025.
SPAR currently operates in Western Europe in 16 countries with approximately 10,000 stores, in Central and Eastern Europe in 11 countries with approximately 2,000 stores, in Africa and the Middle East in 15 countries with approximately 1,100 stores, and in Asia in six countries with approximately 500 stores.
In the last five years, SPAR has opened 840 stores worldwide.
Amit Ze'ev, who until recently served as the CEO of Beitan Wines, has a proven track record in the retail sector, including about 8 years at the Dor Alon Group, where he started as the CEO of the chain of gas stations and convenience stores.
He later managed am:pm and ended up as the CEO of the group. In the past he managed the operations of Nike stores in Israel as well as the GAP fashion company in Israel and Hungary within the Gotex group (Zara Israel). Before that he served for about 6 years in various management positions in the Tiv Taam group .
were we wrong
We will fix it!
If you found an error in the article, we would appreciate it if you shared it with us