Would Kaufland in Australia have helped reduce food inflation? - Remember when German supermarket giant Kaufland was about to set up shop in Australia before the start of the pandemic?
I can't help but think that Kaufland would have shaken up Coles and Woolies and helped keep them competitive on pricing.
Coles and Woolies essentially holding a duopoly over the market have allowed them to bump up their prices across the board with no reservations.
We need some more serious competition in the Australian supermarket sector as we know food inflation has been a big contributor to cost of living increase.
Perhaps Aldi will capitalise and capture market share from the 2 supermarket giants?Ausfinance
Would Kaufland in Australia have helped reduce food inflation? - Remember when German supermarket giant Kaufland was about to set up shop in Australia before the start of the pandemic?
I can't help but think that Kaufland would have shaken up Coles and Woolies and helped keep them competitive on pricing.
Coles and Woolies essentially holding a duopoly over the market have allowed them to bump up their prices across the board with no reservations.
We need some more serious competition in the Australian supermarket sector as we know food inflation has been a big contributor to cost of living increase.
Perhaps Aldi will capitalise and capture market share from the 2 supermarket giants?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...