Kaufland news

16 November 2017
The Competition Council in Romania will add an additional criterion when assessing retailer mergers or acquisitions. We look at what impact this change in regulation could have on Romania’s grocery retail market. Competition council reduces geographic area of assessment Romania’s competition council will consider the number of stores within each unit’s catchment area whenever retailers l...
26 October 2017
Kaufland has announced it will be pausing its online expansion in Germany. Service remaining in Berlin The online service was launched in Berlin a year ago and was set to be rolled out to Hamburg, however this has been put on hold with no date released. With Amazon Fresh announcing in September 2016 that it would be entering Berlin, Potsdam and Hamburg, Kaufland had planned to compete in th...
17 October 2017
Kaufland continues to accelerate its entry into Australia, advertising new vacancies as it looks to build its team. Property and business intelligence are top priorities The new roles advertised include state-based property development roles, across Victoria, New South Wales, Queensland and South Australia, as well as a Head of Business Intelligence. The retailer is looking for both graduat...
09 October 2017
German discount retailer, Kaufland, is preparing to open its first store in Australia. Price and competition... Kaufland has reportedly bought a site, approximately 3km south of Adelaide's central business district in Forestville for AUD25mn (US$19.3mn), to build its first store in Australia. Its new flagship store will cover up to 20,000 sq. m retail space and will stock around 60,000 SKUs...
10 August 2017
We report on the latest developments at Kaufland as it unveils a store refurbishment programme in Germany and Romania. We also share how the retailer is introducing food courts in Romania and Poland, as well as highlighting other enhancements to its Romanian operations. Kaufland to invest EUR 1bn in refurbishment programme in Germany Kaufland announced earlier in 2017 that it will invest ...
19 May 2017
Schwarz Group has reported net sales of EUR90.2 bn for the 2016 financial year which ended 28 February 2017, up 5.2%. Even though the Group reported slower growth than in the previous two years when its sales grew between 7% and 9% annually, we consider a 5.2% revenue growth as a strong performance. Lidl outperformed Kaufland in Germany Although Lidl does not publish its profit, ba...
10 March 2017
The German retailer, part of Schwarz Group, has confirmed its intension to enter Australia with the launch of a new website, the recruitment of personnel and has started to actively seek new store locations. Melbourne is retailers new HQ In November last year, Kaufland announced that it was actively conducting a feasibility study for entry into the Australian market. However, the retailer a...
21 November 2016
After weeks of speculation on industry media, as well as Australian news, Schwartz Group's Kaufland has confirmed it is conducting a feasibility study in Australia. Kaufland have significant presence across Europe Schwatrz Group who operate both the Lidl and Kaufland banners, has for a number of years been linked to a market entry into Australia via its Lidl discount format, a logical decis...
18 July 2016
In this update, we look at what happened at retailers across the region in the second quarter of 2016, including market entries & investment plans, new store concepts, online & digital, new technology, efficiency drives and legislation affecting retail. MARKET ENTRIES & INVESTMENT PLANS Lidl • Lithuania – The retailer has entered its 27th market, with 15 stores across nine towns and ci...
06 June 2016
Schwarz Group, the clear market leader in Romania has reported strong 2015 financial results with revenues reaching EUR3 bn. Double digit revenue growth Lidl has reported revenue of EUR1 bn in 2015, up by estimated 11%, while its sister Kaufland saw a 16% sales growth to EUR2 bn, Kaufland’s largest sales growth in the last three years. The growth was driving by strong like for like sales...