SPAR Slovenia has reported a 6.1% increase increase in revenue, to €1.174 billion, in its financial year 2024 with a net profit of €18.7 million.

Customer visits also grew by 1.8% and totalled 59.6 million purchases, averaging nearly 200,000 daily shoppers, according to the company.

SPAR Slovenia expanded its sales network during the year to 113 stores nationwide – including 13 Interspar megamarkets and eight Interspar restaurants, plus SPAR Online services.

In this period, the company renovated four existing stores, opened two new company-owned stores, and added seven franchise locations.

The company also invested in infrastructure, including a new fresh produce warehouse to enhance product availability and freshness.

Modern Retail Concepts

The retailer’s new and renovated stores feature modern concepts, including specialised departments for butcher, delicatessen, fish, and a prominent fruit and vegetable section with local Slovenian products.

‘Hitroteka’ offers quick, freshly prepared meals, while self-service bread and express checkouts cater to shoppers who prefer to shop independently.

All new and renovated stores prioritise sustainability with LED lighting, energy-efficient refrigeration, natural gas CO2 heating/cooling systems, and Tomra machines for glass recycling, the company noted.

SPAR also expanded its private label segment in 2024 by introducing the Alterra natural personal care line from Rossmann and Scotty Nature/Molly Nature pet food.

It also updated and expanded its SPAR Veggie, Free From, and SPAR Vital lines to cater to diverse dietary and lifestyle needs. Overall, SPAR added 2,369 own-brand and exclusive brand products in 2024, a 6% increase from the previous year.

David Kovačič, CEO of SPAR Slovenia, commented, “Despite the dynamic conditions, we maintained growth in 2024 and further strengthened our position in the market. Customers like to reach for our brands; an independent study showed, among other things, that our own brands SPAR and S-Budget are in 1st and 3rd place in terms of recognition and frequency of purchase.

“In addition to new and renovated stores, we are investing in infrastructure – including a new warehouse for fresh products – which will further improve availability and freshness on our shelves.”