Domestic retail giant Spar has been able to expand its market leadership in food retailing in 2023. Boss Hans K. Reisch explains in the big ‘Krone’ interview how the company now wants to grow even further, why they are looking for 2,000 employees and why a number of items are finally becoming cheaper again.
Across all industries, including its foreign subsidiaries, the Austrian Spar Group, which employs more than 90,000 people, achieved a turnover of more than 20 billion euros for the first time last year. Domestically, this amounted to almost ten billion, and in the food trade, Spar increased our turnover by no less than 9.2 percent. In the ‘Krone’ conversation, CEO Hans K. Reisch of the founding family sets out the route for the future.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
