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Kmart’s massive mistake sees profits plummet to lowest in 5 years – NEWS.com.au
Kmart’s massive mistake sees profits plummet to lowest in 5 years
Is Kmart fading? The super popular discount department store has just revealed its full finances for the last 12 months, and theres a worrying development. Kmart profit is down sharply to its lowest level in five years. Kmart used to be the golden child of Australian retail. Everyone loved it and it made heaps of money.
But now, as the next graph shows, profit has slipped.
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