Kaufland close to opening first store down under
German chain Kaufland is getting close to opening its first Australian store. This will add to the woes of Coles, Woolworths and the independents. The Australian commented that even Aldi and Costco will feel the pinch, as Kaufland operates very large format stores, with very wide offer. Apparently the first site will open in Adelaide, adding to Kaufland’s portfolio of over 1,200 outlets in Europe. It is also likely that at some stage we will see Lidl stores in Australia (the same parent company), competing head on with Aldi.