Kmart and Target to Merge: Creating a $10 Billion Retail Powerhouse In a move that has taken the retail industry by storm, Kmart and Target, two of Australia’s major retail brands, are set to merge into one single business. The parent company, Wesfarmers, has confirmed that this merger will create a $10 billion dollar retail […]
Target to merge into Kmart to create $10 billion discount retail giant Merging Two Retail Giants Wesfarmers, the parent company of Australian retail brands Kmart and Target, has announced its plans to merge the two iconic brands, creating a discount retail giant with a value of $10 billion. This strategic move aims to boost sales […]