Kmart

Thursday, May 28

Struggling Target stores to close or become Kmart

Wesfarmers will close underperforming Target stores and convert others to Kmart outlets, after completing the first phase of a review into its struggling retail arm.

Wesfarmers admits underpaying Target staff $9m

Wesfarmers has revealed it underpaid staff at its Target stores by $9m, on top of $15m in other underpayments, becoming the latest Australian company caught up in a growing wage theft scandal the shoppies’ union has branded a “full blown epidemic”.

Photo: AAP/Paul Miller

How Kmart ate Target: a story of retail cannibalism

Target has lost its way – and there appears to be only one solution to the budget retailer’s problems, argues Gary Mortimer.