A “SPAR” store will be opened in Riga, and it will be located in Meža prospect, says Oskars Millers, a member of the company’s board.
Miller did not mention the investment in the new store.
“We will develop the concept of this store and implement it more and more in the near future,” noted Miller, adding that along with the new concept, “SPAR” is currently also working on expanding the assortment of private brands.
It was already announced that the “SPAR” store in Liepāja, on Zemnieku street, will stop its operation.
At the same time, he stated that the franchisee who owns the store is SIA “Skarleta”, so the closing date cannot be commented on.
The representative of “SPAR” admitted the possibility that the closure of the store could have been affected by the unfavorable location, but added that the relationship between the company and “SPAR Latvija” ended amicably.
Miller stated that “Skarleta” owns two “SPAR” stores. Millers did not comment on the other store, which is located in Saldus, Rīgas Street.
It has already been reported that the “SPAR” store network in Latvia started working in August 2022. In the first financial year of operation, which lasted almost 18 months, from July 7, 2021 to December 31, 2022, the company “SPAR Latvija” worked with a turnover of 167,343 euros and a loss of 433,655 euros.
The company “SPAR Latvija” was registered in July 2021. Its paid-up capital is EUR 570,000.
2023-10-12 09:01:27
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