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