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Germany's Kaufland kick offs Australian foray with major supermarket in Adelaide

People & Companies / Latest News

Australia

Oct 06 2017

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Simon Johanson, The Sydney Morning Herald

Australia's fiercely competitive grocery sector is set for another shakeup after German giant Kaufland purchased a landmark South Australian site for its first major supermarket in this market.

Kaufland, part of the world's fourth-largest grocery conglomerate, has paid $25 million for the sprawling Le Cornu site in the Adelaide suburb of Forestville, where it will open its inaugural and flagship store.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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