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

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
MOST POPULAR

IR Pro - annual

$312 +GST per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now