Discount department stores Archives - Inside FMCG
“This was not an easy decision for us.” – Frank Schumann, acting CEO of Kaufland International, announces exit from Australian market.
Psychologists found supermarket shoppers confronted with a larger choice range were more likely to make a sub-optimal choice, or none at all.
Kaufland has commenced construction of its first two supermarkets which will act as test stores in the Australian expansion.
Proposed development at Toowoomba will have “a strong focus on fresh food” with local produce, known brands and a “high-quality private label range”.
Costo and Amazon were among the top choices for American shoppers.
Discount grocers continue to outperform supermarkets, but the ‘premium’ market appears ripe for exploitation.
The “German version of Costco” gets ready to tackle the Australian grocery market.
The so called “Amazon tax could” be used to fund a tax break for retailers.
Discount department store chain creates instore virtual Easter egg hunt.