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Spar's Retail Pivot: Pulling Back From Europe to Focus on Africa
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August 30, 2025
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3:28Now PlayingSouth African retail giant Spar Group is making a major strategic shift. After years of investing in overseas markets, the company is now pulling back from international expansion to focus on high-margin sectors at home like DIY, drugs, liquor and wine. In this report, Spar Group CEO Angelo Swartz sits down with Bloomberg's Jennifer Zabasajja to discuss the firm's bold new vision and what this means for its future growth strategy.
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