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There’s a long road ahead for struggling Metcash

The Kaufland decision to abandon the Australian market has been the only really good news for Metcash for several years. While Jeff Adams, Metcash CEO, remains positive about the future of the publicly listed wholesaler, the challenges keep piling up and suggest radical changes are needed in the business. Last month, Credit Suisse analyst Grant Saligari suggested Metcash should consider divesting its food wholesaling operations that have been its core business and the major revenue and earnings