Symbol Group of the Year

SPAR SCOTLAND

Chief Executive Colin McLean and his management team have pulled Spar Scotland from the brink of disaster and transformed it into a world-class business.

It’s no coincidence that all of our winning retailers happen to trade under a fascia, demonstrating that behind every outstanding retailer is a great symbol group. It’s also fair to say that behind every great symbol group is a great management team, and that’s certainly the case for our Symbol Group of the Year, Spar Scotland. It wasn’t so long ago that the business was in such bad shape that many observers thought it would go to the wall, but it has been transformed in the last three years by CEO Colin McLean and his new management team.

However, it was the company’s efforts over the last year specifically that saw it take the Symbol Group of the Year Award, with recently-released accounts showing turnover up almost 10% and profits growing to £3m.

SLR Publisher Antony Begley commented: “What Colin McLean and his team have achieved in such a short space of time is nothing short of remarkable. “Despite the enormous pressures and challenges of Covid, Spar Scotland has stuck to its original five-year recovery plan and has delivered year-on-year growth with 2020 being a particularly successful year and praise must go to everyone at Spar Scotland. “There’s hardly a community in Scotland that hasn’t benefited from that vision, commitment and passion over the last 18 months. The sleeping giant has reawoken and the team at the company have built a solid platform upon which to build long into the future.”

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