Target Australia
Australian discount department store chain owned by Wesfarmers
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July 2023 | Wesfarmers announced internal reorganization to run Target and Kmart as one combined business. |
February 2022 | Target launched its new 'That's Target' rebrand, releasing new advertisements focusing on daily life struggles. |
May 8 2021 | The last Target Country store, located in Salamander Bay, NSW, closed its doors permanently as part of Target's 2020 restructuring. |
May 2020 | Major restructuring announced, with up to 1,300 employees to move to other Wesfarmers businesses. Plans included converting 10-40 Target stores to Kmart, closing 10-25 Target stores, converting 52 Target Country stores to K Hubs, and closing 50 Target Country stores. |
2018 | Target Australia moved its head office to the Melbourne suburb of Williams Landing. |
June 2017 | Wesfarmers announced Target and Kmart would merge back-office operations, with some Target stores to be converted to Kmart stores and others closed. |
December 2016 | Wesfarmers confirmed Target would relocate to Williams Landing in late 2018. |
June 2016 | At Wesfarmers annual strategy briefing, Guy Russo announced Target would exit toy sales, pet care, and luggage. The company reported a $195 million loss and planned to close 20% of its 305 stores over five years. |
April 2016 | Target announced relocation of its Geelong head office to Melbourne, resulting in unspecified redundancies. |
April 11 2016 | An accounting scandal was reported, creating $21 million in fraudulent profits. Stuart Machin resigned taking responsibility for the incident. |
February 2016 | Wesfarmers restructured Target and Kmart under a single department stores division called the Kmart Group, led by Guy Russo. |
2013 | Target reversed its earlier decision and reintroduced free plastic bags. |
April 2013 | Stuart Machin replaced Dene Rogers as managing director, formerly chief operations director at Coles. |
November 2011 | Dene Rogers replaced Inman as Target's managing director, coming from Sears Canada. |
This contents of the box above is based on material from the Wikipedia article Target Australia, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.