SPAR is the market leader in Austrian food sector in the first half of 2020

Trending

SPAR has achieved market leadership in Austria’s food retailing sector in the first half of 2020 with an accumulated market share of 34.0%, according to the market research company Nielsen.

In January of this year, before the implementation of COVID-19 shutdown measures, SPAR overtook the competition for the first time in the company’s history.

SPAR Austria increased its market share from 32.1% (2018) to 32.8% (2019) and now holds an outstanding 34.0% as domestic market leader in the first half of 2020.

In the month of June, their market share stood at 34.5%.

SPAR in Austria grew by 4.7% in 2019, more than double the Austrian food retail industry’s estimated growth of 2.1%, according to Nielsen.

- Advertisment -

Latest

World’s 500 largest family businesses grew their revenue by 10%

The 500 largest family businesses generate US$8.02t and employ 24.5m people across 47 jurisdictions, according to 2023 EY and...

Must read