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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. But while Target initially seemed to be in a strong position, there was a lack of stability and understanding of what made the business tick within its management ranks. We’ve done a lot of listening to customers.