Some retailers says Spar provided them with overly optometric estimates of how well their stores would do.Spar's board will investigate changing the way it shares financial information of stores with prospective buyers"as a matter of urgency", its newly appointed chairperson has said.
"It's something that we at Spar are looking at. What information is being provided, and on what basis is it provided," said Mike Bosman. Bosman, who is also the chair of Spur, was appointed Spar chair on 15 December following the resignation of Graham O’Connor. A month later, the retailer's CEO Brett Botten alsoGet 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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