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Target

Home » Target
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By purveyancenews
In Australia, KMart, Target
Posted June 14, 2019

Recession-like conditions: Kmart and Target are being infected by Australia’s retail malaise

The downgrades to Kmart and Target department store sales and earnings that Wesfarmers announced ahead of its annual strategy briefing today is consistent with the depressed state of consumer [...]

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By purveyancenews
In Australia, Bunnings, Coles, KMart, Target
Posted June 12, 2019

Wesfarmers buys Catch to help bring Kmart, Target into digital age

Wesfarmers has bought the online retailer Catch Group for $230 million, and hopes to use the pioneering Australian company’s e-commerce prowess to help guide its department stores Kmart and [...]

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By purveyancenews
In Australia, Bunnings, Coles, KMart, Target
Posted January 14, 2019

Wesfarmers experiences a Kmart glitch as its post-Coles era begins

Last year’s massive portfolio reshaping by new chief executive Rob Scott, the centrepiece of which was the demerger of Coles, always meant Wesfarmers’ shareholders would be far more exposed to [...]

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By purveyancenews
In Australia, Bunnings, International, NewZealand, Target
Posted February 5, 2018

Bunnings’ UK woes deepen with $1 billion writedown

Bunnings’ foray into the UK and Ireland has plunged deeper into strife, with parent company Wesfarmers writing down the value of its investment there by almost $1 billion.The retail conglomerate [...]

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By purveyancenews
In Australia, Bunnings, Coles, KMart, NewZealand, Target
Posted August 17, 2017

Wesfarmers lifts profit 27{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} despite Coles slump

Retail giant Wesfarmers has reported a 27.6 per cent jump in full-year profit, but revealed a slump from its earnings powerhouse, Coles. The conglomerate said net profit after tax for the 12 [...]

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