SPAR International said to target 24 new stores in Oman

Dutch supermarket chain SPAR International reportedly plans to open 24 outlets in Oman by 2017, as part of significant expansion plans in the Gulf.

In an interview with Times of Oman, Tobias Wasmuht, managing director of SPAR International, said: “This year, we plan to open 14 stores. By the end of 2017 we will have 24 outlets across Oman.”

He did not reveal the planned locations of the stores, but said SPAR was focusing on a multi-format retail offer – unlike the large store formats of regional giants such as Carrefour and Lulu – tailored to suit particular regions.

“I think there is considerable opportunity for multi-format retailing in Oman, which today is very much historically driven by hypermarkets. The future will show that there is not only opportunity but demand for greater variety of formats.”

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