+34The retailer benefited from easing Covid-19 restrictions in its half year to end-March, but it has still slashed its dividend to fund corporate activity
Retail group Spar says it is encouraged by a normalisation of shopping behaviour in SA as Covid-19 recedes, but it has still cut its interim dividend by more than a third as it eyes growth and rolls out software upgrades across its business.
A return of more usual liquor store trading hours helped boost traffic at grocery stores in the six months to end-March, Spar reported on Wednesday, with group turnover rising 5.2% to R67.6bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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