SPAR Sri Lanka Expands Retail Footprint to Kandy and Kurunegala 📈

Network Growth: SPAR Sri Lanka has increased its total store network to 13 outlets islandwide, marking its first major expansion beyond the Western Province. Regional Impact: The new flagship outlets in Kandy and Kurunegala are timed for the festive season. The move creates 200 job opportunities for local youth, with specialized training in butchery, bakery, and retail operations. Retail Strategy: Operating as a ‘glocal’ partnership between Ceylon Biscuits Ltd. (CBL) and SPAR South Africa, the chain integrates international standards with local sourcing from over 50 local suppliers. Key Offerings: • Over 1,000 international products and 150+ private-label items. • Private-label goods are priced 10% to 15% lower than leading brands to address affordability. • Dedicated sections for fresh food, wellness, and pet care. Digital & Logistics: Enhanced e-commerce capabilities via an in-house delivery team and the SPAR Rewards App for exclusive customer discounts. _Summary based on latest company announcements._