Home > Industry > Kaufland Oz Staff Costs Rise Five-Fold

Kaufland Oz Staff Costs Rise Five-Fold

German supermarket giant, Kaufland, has ramped up its local hiring, with reports revealing $14 million in Aussie staff costs – a five fold increase since 2018.

Reported by The Australian, documents submitted to ASIC last week reveal 123 staff by the end of its financial year in February.

According to seek.com.au, Kaufland is also currently recruiting for roles across Brisbane, Sydney, Melbourne and more.

As previously reported, Kaufland is expected to open its first Australian supermarket next year, and is currently awaiting planning approval for its mega-sites.

[SEEK.com.au]

The supermarket chain is known for being a top seller of appliances in Europe, and usually employs big-box sites for ‘one stop’ shopping.

Aussie retailers are bracing for the German conglomerate to unleash a $459 million investment for its local expansion.

Accounts show Kaufland’s net loss jumped from $4.8 million to $25.9 million versus a year ago, coinciding with its distribution and store expansion plans.

The news comes as the local consumer electronics market continues to become more saturated with heightened low-cost competition from Kogan.com, ALDI and Amazon Australia.

[ALDI]



You may also like
Roll Out Of Apple Intelligence Features To Stretch Into 2025
Meta AI (Image: Sourced from Meta Newsroom)
EU Continues To Block Meta’s AI Chatbot Despite Oz Permitting It
Motorola Razr 50 Series Launch Date Confirmed
Bapcor (Image: Sourced from Bapcor website)
Bain Makes $1.83 Billion Offer For Struggling Oz Auto Parts Business Bapcor
Blacktown Westpoint
Blacktown’s Westpoint Shopping Centre Set To Be Sold For A$900 Million