Kresge and not The Kmart Corporation) and 49% owned by Coles variety stores which would later become Coles supermarkets. Kmart sold all of their shares in Kmart AUS to Coles in 1994. Coles, and kmart AUS which was owned by Coles, was bought by Westfarmers. Westfarmers turned Kmart AUS into what it is today.
Kmart Australia Limited (/ˈkeɪmɑːrt/ KAY-mart, doing business as Kmart, Kmart Australia, Kmart New Zealand and Kmart Australia and New Zealand and stylised as Kmart) is an Australian chain of retail department stores owned by the Kmart Group division of Wesfarmers.
In late 2006, the group name changed to Coles Group Ltd after the divestment of Myer, and in November 2007, Target was acquired by Wesfarmers as part of the Wesfarmers acquisition of Coles Group Limited.
The manager of the store was not available, and the corporate owner Transformco, the company that bought the remains of Sears and Kmart out of the bankruptcy of Sears Holdings in 2019, did not return an email requesting comment.
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.
Target Corporation is an American retail corporation headquartered in Minneapolis, Minnesota. Established in 1902 as Dayton Dry Goods Company, it introduced the Target store format in 1962. The first Target store opened in Roseville, Minnesota, and the company was renamed Target Corporation in 2000.
Coles Group Ltd. engages in the operation of supermarkets and retail stores. Its businesses include coles supermarkets, coles online, coles liquor, coles express, flybuys, coles financial services and spirit hotels. The company was founded in 1914 and is headquartered in Melbourne, Australia.
Does Walmart operate in Australia? Walmart does not have any retail stores in Australia. The company's operations are mainly focused in North America, with stores also in several other countries but not in Australia.
Sales and profits weren't materializing in the Kmart stores, so they decided to grow non-core businesses: Builder's Square (home improvement), The Sports Authority (sporting goods) and Borders (bookstores). But ultimately, they weren't able to sustain or grow these chains profitably, and they were sold off at losses.
Coles Group & Myer eGift Cards may be redeemed at the following participating retailers: Coles Supermarkets, Myer, Myer Online, Target, Target Online, Kmart, Kmart Online Officeworks, and Officeworks Online.
Unfortunately there isn't a Kmart in the UK or England, just like there's no Target in the UK or Walmart in the UK. However, there is a store that is similar to Kmart, known as ASDA. More on that later.
We are part of the Kmart Group which includes Kmart Australia, Target Australia and Anko Global and are owned by Wesfarmers, one of the top ten ASX listed companies in Australia.
It's been a tough year for Australia's retail industry. In 2025, a bunch of household names have shut up physical stores across the country, from Rivers and Millers to Ally Fashion, Jeanswest and SurfStitch.
Woolworths (colloquially known as "Woolies") is an Australian supermarket chain owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 32.5% as of 2023.
