Major international supermarket Kaufland was preparing for a large presence in Australia but is now leaving the country.
Major international supermarket Kaufland was preparing for a large presence in Australia but is now leaving the country.

Supermarket giant announces shock exit

AFTER spending millions buying up sites German supermarket chain Kaufland will leave Australian market.

In a statement Kaufland said it will undertake an "orderly withdrawal" from Australia.

It said it will be concentrating its business on its European core markets in the foreseeable future.

Were you looking forward to Kaufland opening in Australia?

This poll ended on 29 January 2020.

Current Results

Yes

46%

No

53%

This is not a scientific poll. The results reflect only the opinions of those who chose to participate.

In Queensland Kaufland has bought four suites - in Toowoomba, Richlands, Morayfield and Burleigh heads.

Frank Schumann, acting CEO of Kaufland International, said: "This was not an easy decision for us. We always felt welcome in Australia."

"We would like to thank our employees and we apologise for the disruption this decision will cause.

"In Europe, we see a great deal of growth potential. We will actively shape the consolidation of the European retail sector, thus further reinforcing our leading position."