WOW 0.67% $30.20 woolworths group limited

Australia's fiercely competitive grocery sector is set for...

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    Australia's fiercely competitive grocery sector is set for another shakeup after German giant Kaufland purchased a landmark South Australian site for its first major supermarket in this market.
    Kaufland, part of the world's fourth-largest grocery conglomerate, has paid $25 million for the sprawling Le Cornu site in the Adelaide suburb of Forestville, where it will open its inaugural and flagship store.

    Another company coming to eat woolies lunch........
 
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