Spar’s latest half-year financial results show a major spike in its Spar2U delivery service sales volumes and a positive financial position.<\/p>\n
The supermarket chain’s on-demand delivery service thrived over the six months ending March 2024.<\/p>\n
It saw an increase of 463% in online sales volumes from the six months before.<\/p>\n
Spar2U sites also increased to 420 from 356 at the end of September 2023. These refer to Spar shops that support the service.<\/p>\n
More generally, Spar Southern Africa reported a 4.8% increase in wholesale turnover in its latest interim results.<\/p>\n
This figure accounts for its supermarket operations, Spar2U delivery service, Build It, Spar brand pharmacy, Tops at Spar, and house brand.<\/p>\n
Its wholesale grocery business increased sales by 4%, and Tops at Spar also saw an increase in turnover by 12.8%.<\/p>\n
Last year, Spar told MyBroadband that the number of supported stores had\u00a0reached 373 by November 2023<\/a>, and 170 more were planned for the following months.<\/p>\n Spar also said then that its on-demand delivery service saw month-on-month revenue and volumes increase by an average of 27% during 2023.<\/p>\n Other developments at the delivery service include reducing its dependence on fuel-powered delivery vehicles.<\/p>\n Spar’s on-demand delivery service uses electrified vehicles that combine grid and solar power.<\/p>\n R6.2 million was spent on 65 of these vehicles.<\/p>\n