SYDNEY, Australia -- The long-expected carve-up of Australia's third-ranking supermarket chain, Franklins, was set in motion last week by its parent company, Hong Kong-based Dairy Farm International. Dairy Farm said the move follows completion of an extensive strategic review of Franklins, and it has decided to sell the largest segment of its 285 stores to independents, primarily through a strategic alliance with Metcash Trading (formerly Davids). More than 60% of Franklins' sales, a total ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.