Up to 167 Target stores will be closed or converted as part of a massive restructure by parent company Wesfarmers. The retailing conglomerate said the company would shift focus to Kmart, to reduce Target's unsustainable cost base. Westfarmers announced the decision on Friday, saying 75 stores would close and 92 would become Kmart stores. The actions will be undertaken over the next 12 months.
from National | Daily Telegraph https://ift.tt/2AR9oCg
Thursday, May 21, 2020
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