German supermarket giant pulls out of Aussie market

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

German supermarket giant Kaufland has pulled out of the Australian retail market, leaving hundreds of staff out of a job. 9News

revealed plans to open up to 30 stores across the country and had registered close to 50 trademarks, logos and brands with IP Australia.

"Kaufland's 200 Australian employees were informed of the decision today, with an assurance that generous packages including all entitlements will be offered, as part of a thorough support and consultation process for all," the company said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines