SPAR International and Max Hypermarkets today announced a new partnership agreement which will see over 30 SPAR Hypermarkets operational across India by 2019.
The new agreement builds on the previous successful partnership between the two companies which saw the launch of SPAR branded hypermarkets across six states in India.
Today's announcement will result in 13 of those stores reconverting to the SPAR brand in the coming months and a further 20 stores opening nationwide over the next five years.
The plan foresees retail sales exceeding Rs 300 million by 2019.
Max Hypermarket India which is a part of the Dubai-based Landmark Group , and French retailer Auchan group, have recently ended their partnership.
