Spar International: First stores open in Indonesia

Amsterdam / NL. (si) Leading international retail brand Spar has officially launched in Indonesia with the opening of three stores in Jakarta – marking a significant milestone in the partnership between Spar International and PT. Ramayana Lestari Sentosa Tbk (Ramayana). The partnership marked the official openings by confirming plans to open 15 stores in Indonesia by the end of the year, thus exceeding initial 2015 targets. Spar International is the world´s largest food voluntary retail chain with over 12’000 stores worldwide and global retail sales of 32.2 billion EUR in 2013. The partnership with Ramayana, which was announced in September 2014, is a key part of Spar´s ongoing expansion into Asian markets. Ramayana is a leading, publicly-quoted Indonesian retail group with 116 stores throughout Indonesia trading under the Ramayana, Robinson and Cahaya retail brand names. A total of 1,0 million EUR (1,13 million USD) was invested in the refurbishment and relaunch of the three stores located in Bogor, Cibitung and Cibubur. The stores, each approximately 1’500 square metres in size, offer a full supermarket range and have been completely upgraded and modernised in line with Spar´s unique and market leading retail concept. This includes the introduction of large fresh sections including in-store bakeries, fresh fish, hot foods to go, or to eat in, combined with a special emphasis on the family offering. The partnership anticipates a 30 percent increase in retail turnover as a direct result of the store conversations to Spar.