Liquorland to expand after Foodstuffs buys 21 stores

Steve Anderson, managing director of Foodstuffs which owns Liquorland, New World, Pak'nSave and other businesses, said a sale and purchase agreement had been signed for stores throughout the country, which would become franchised Liquorland outlets.

"There are a number of conditions still to be met as part of the due diligence process before the sale can be finalised, and once these conditions have been satisfied we will be in a position to provide more information," Anderson said.