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Target Australia Pty Ltd (formerly Lindsay's and Lindsay's Target, formerly stylised as Target. and doing business as Target and Target Australia) is a department store chain owned by Australian retail conglomerate Wesfarmers.
Myer Emporium Ltd, recognising the potential for growth, bought the business and the company became Lindsay's Target Pty Ltd. In March 1973, we became Target Australia Pty Ltd, and in August 1985, the Myer Emporium Ltd and GJ Coles & Coy Limited merged, becoming Coles Myer Limited.
Jul 25, 2023 · Both Kmart and Target are owned by the same company — Wesfarmers. This isn't new. Wesfarmers has owned Target and Kmart since 2007, as part of its acquisition of Coles Group Limited.
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- Chief Executive Officer
Jul 25, 2023 · Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store Kmart and discount retailer Target as the group attempts to reduce...
Kmart Group comprises Kmart and Target and operates 449 stores across Australia and New Zealand, employing around 50,000 team members in Australia, New Zealand and key sourcing markets. Kmart was established in 1969, with the opening of its first store in Burwood, Victoria.
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Wesfarmers was founded in 1914 as a co-operative to provide services and merchandise to Western Australian farmers. It was listed on the Australian Securities Exchange in 1984 and grew into a major retail conglomerate.