Free Subscription

  • Access 15 free news articles each month


Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • Exclusive Masterclass access. Part of Retail Week 2021

Chasing too much, too soon sank Kaufland

No doubt there was some fist-pumping and backslapping at the headquarters of Woolworths, Coles, Metcash, Aldi and Costco last week. There was probably also a sense of relief among the discount store brands that a new market entrant had decided to exit Australia before opening a single store. Kaufland’s sudden and unexpected announcement is likely to leave the privately owned German retailer with a loss exceeding $500 million on its aborted plan to open at least 20 stores in Australia. The firs