Spar delivers blow to investors
What 2026 might look like The retailer said for the 48 weeks ended 28 August 2026, group revenue from the sale of merchandise moderated from the interim period, with Southern Africa recording modest revenue growth as wholesale volumes and trading remained subdued in a competitive consumer environment.” The retailer assured shareholders that the management’s immediate priority is to improve profitability and cash generation in Southern Africa while maintaining appropriate levels of support for retailers.
This comes as the retailer continues to face pressure in Southern Africa, particularly in its groceries and liquor division.
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