CENTRAL ASIA: SPAR Continues Regional Expansion With Mongolia Entry

SPAR International continues to expand in Central Asia, this time with the announcement that will open stores in Mongolia.

The retailer said it has tied up with the Max Group conglomerate, in a deal aimed at opening up to 60 SPAR-branded multi-format stores in Mongolia by 2020. Max will transfer some of its existing Max Food Supermarkets to the SPAR banner, with the reconverted stores opening from 2017 onwards.

With the move, SPAR will be operational in 43 countries.