Yunnan Anning Jinfang Commercial Group (Jinfang) is to invest in converting 32 in south-east China stores to the SPAR brand in the coming months.
SPAR has signed a partnership agreement authorising Jinfang to grow the SPAR Brand in Yunnan Province, Liu Pan Shui City, Bijie City, Buyi and Miao Autonomous Prefecture, and Anshun City in Guizhou Province.
It is working with Jinfang on the first supermarket design and an expert international logistics team from SPAR International and SPAR China are supporting Jinfang in the development of a modern warehouse.
Last year the number of SPAR stores in China increased by 14 per cent to 395. SPAR growth in China has been driven by investment in a multi-channel supply chain, the development of hypermarkets, the launch of convenience stores in Tier 2 and 3 urban centres and a strategic emphasis on fresh food through initiatives like the development of a new, state of the art bakery production facility.
Li Jia, Chairman of the board of Yunnan Jinfang Group said: “Jinfang has followed SPAR’s progress since SPAR entered into China in 2004, and has seen the great success achieved by SPAR China and its Partners. SPAR and Jinfang share key values in many areas. To serve customers in the Southeast of China better, we plan to bring high operation standards, efficient logistics and a modern supply chain to build diverse retail solutions.”