Kaufland To Withdraw From Australia, Focus On Core Markets
Published on Jan 22 2020 8:40 AM in Retail tagged: Trending Posts / Australia / Kaufland / Discounter / Paywall / World News
Discounter Kaufland has announced it has made a 'strategic decision' to withdraw from the Australian market, to focus on its core European businesses.
The retailer said that it made the decision following 'intensive examination' of its business.
'Not An Easy Decision'
“It was not an easy decision for us," commented Frank Schumann, acting CEO of Kaufland. "We have always felt welcome in Australia."
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