Business
Target Australia to become mostly online retailer as stores close down – NEWS.com.au
Target Australia to become mostly online retailer as stores close down
Target could become a largely online store after the struggling retail continues to be cannibalised by Kmart stores.Wesfarmers, parent company to the two stores, announced a drastic plan last year for 167 Target stores to either close or be converted into Kmart outlets, meaning around half of Target’s 284-odd Australian stores would be affected.
Around 55 Target’s will be converted around Australia this year into Kmart stores or KHubs, smaller neighbourhood stores that stock products across kids,…
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