Max Hypermarket ties up with Spar International, plans 20 stores.

Max Hypermarket has signed up once again with Dutch food retailer Spar International and plans to open 20 stores as its licensee in the next five years, a day after ending a franchise deal with French retailer Auchan Group in India.

A unit of Dubai-based Landmark Group, Max partnered with Spar International a few years ago but ended the tie-up in 2012 after opening 13 stores, subsequently tying up with Auchan.

Max Hypermarket sees retail sales exceeding 300 million by 2019 from its stores that will now be rebranded Spar.

'We are pleased to renew and extend our business partnership with Spar International,' said Viney Singh, managing director, Max Hypermarket. 'This new arrangement will ensure that the stores are operated to the highest international standards of quality and food safety and provide customers with an enhanced shopping experience.'

ET