Target to close or convert up to 167 stores in mammoth restructuring of Wesfarmers’ department stores
Target will undergo a restructure that could see it lose nearly half of its remaining stores and sister brand Kmart expanded significantly.
Coroanvirus update for business: Target on the rocks, Coles and Atlassian see historic highs and Musk dubs stay-at-home rules “fascist”
Elon Musk has savaged the United States' response to the coronavirus, saying stay-at-home orders are "fascist", meanwhile Coles books historic sales.
Product safety crackdown floated as ACCC reveals millions of recalled products are floating around
The ACCC has reiterated its call for tougher product safety laws after revealing millions of dangerous products are still floating around the economy.
Kaufland to open right next door to Aldi, Coles, Big W in Queensland
Kaufland is setting up shop right next to its biggest competitors in Queensland, as it tests its hypermarket model Down Under.
“Accelerating our transformation”: Why Target is axing 80 head-office jobs
Target is moving to accelerate its transformation strategy as the struggling department store continues its quest to find a sustainable brand identity.
Kmart owner Wesfarmers to buy Catch Group for $230 million in bid to bolster e-commerce
Wesfarmers has inked a deal to buy fast growing e-commerce business Catch Group for $230 million, a move slated to improve its department stores.
Big W to close 30 stores as department-store reckoning continues
Discount department store BIG W is closing 30 stores and two distribution centres in a widely expected move to reset its cost base.
“Reflection on reality”: Labor wants small business to make the switch to electric vehicles
Labor wants to set an electric vehicle target of 50% by 2030 if elected, a move that would result in significant change to the small-business landscape.
Target and Baby Bunting fined less than $70,000 for selling “unsafe” baby strollers for years
Target and Baby Bunting have been slapped on the wrist by the ACCC for selling unsafe baby products, just a day after Rod Sims said he wanted big penalties.
Toys ‘R’ Us sets sights on Australian relaunch after being resurrected from bankruptcy
Toys 'R' Us is preparing to make a comeback in Australia after its new owners flew Down Under for negotiations with potential partners.
Christmas has come early: What you need to know about the busiest time of the year
Retailers are gearing up for Christmas. Here are the trends you need to know about to make the most of the important trading period.
The giraffe that stole Christmas: How the collapse of Toys ‘R’ Us will affect the holiday period
"So if Kmart has less branded toys, Target has fewer toy orders on layby, and Toys 'R' Us warehouses and stores are empty. Where are all the toys?"
