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The fallout from Kaufland’s exit: What it means for the Australian market

In March 2017, Kaufland announced it was entering the Australian market and for the next two years proceeded to make several significant local investments including purchasing retail outlets and distribution infrastructure with a plan to open 20 stores. In January 2020, Kaufland suddenly announced its decision to withdraw from the Australian market not long before the unexpected COVID-19 pandemic arrived in March 2020.  Kaufland’s decision to exit the Australian market before it even laun