FED:Back to the future: Kmart returning checkouts to exits Kmart Group is refurbishing two dozen more stores to a new format, and opening a new concept store for home goods near an Australian capital city. AAP · Jun 10
Back to the future: Kmart returning checkouts to exits Kmart Group is refurbishing two dozen more stores to a new format, and opening a new concept store for home goods near an Australian capital city. AAP · Jun 10
Wesfarmers posts $1.5b first-half profit Wesfarmers has continued to grow sales in all but two of its divisions, as it prepares to wind up loss-making Catch. AAP · Feb 20, 2025
Wesfarmers to close money-losing e-commerce site Wesfarmers says the recent increase in Australian e-commerce activity had hampered growth prospects for its catch.com.au website. AAP · Jan 21, 2025
The art of Kmart: why the discount retailer is thriving while rivals such as Big W struggle After a years-long transformation, Kmart Group is delivering supercharged profits for owners Wesfarmers, much to the envy and dismay of others The Guardian - AU · Oct 26, 2024
One in three Australians throwing unwanted clothes in rubbish, survey finds RMIT-led study recommends a national recycling scheme to reduce the 200,000 tonnes of textiles sent to landfill each year The Guardian - AU · Oct 1, 2024
Budget bliss as Kmart brand helps bag Wesfarmers profit Australian conglomerate company Wesfarmers has lifted its profit by 3.7 per cent on the previous year as consumers snapped up affordable products at Kmart. AAP · Aug 28, 2024
Surging Kmart sales help Wesfarmers grow H1 profit Kmart's value proposition resonated with shoppers in the first half of 2023/24, helping Wesfarmers lift its profit by three per cent to $1.43 billion. AAP · Feb 14, 2024
Kmart Group urged to join industry textile recycling scheme or face regulation, government says Group which owns Kmart and Target has not signed up to initiative that would impose 4 cent levy on garments to fund research The Guardian - AU · Nov 15, 2023
‘Significant earnings’: Kmart cashes in as shoppers hunt low prices amid cost-of-living crisis Australian shoppers are flocking to discount chain Kmart as the cost of living crisis bites, with the company unveiling a big result. The New Daily · Feb 15, 2023
Kmart and Bunnings help fuel bumper Wesfarmers result Kmart and Bunnings owner Wesfarmers has hiked its dividend by 10 per cent after delivering $1.38 billion in profit on $22.6b in revenue. AAP · Feb 15, 2023
Wesfarmers lifts dividend, beats estimates KMart and Bunnings owner Wesfarmers has delivered a better-than-expected dividend and forecast a strong outlook despite inflationary concerns. AAP · Aug 26, 2022