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The company operates 325 stores across Australia and New Zealand, [1] with its head office located in Mulgrave, Melbourne. Kmart is a member of the Kmart Group, which also comprises Target Australia. Kmart Group is a division of Wesfarmers, an Australian conglomerate.
Kmart's longest lasting logo, used from 1969 to 1990. Under the leadership of executive Harry Cunningham, S.S. Kresge Company opened the first Kmart-named store, at 27,000 square feet (2,500 square meters), which was referred to by Kresge as a "bantam" Kmart and was in fact originally intended to be a Kresge store until late in the planning process, on January 25, 1962, in San Fernando ...
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The U.S. Kmart Corporation continued to hold shareholding in the merged company until Kmart sold its 21.5% stake in November 1994. [7] A new head office opened in 1987 at Hawthorn East, Melbourne. As of 2022, it remained the head office for Coles Group and associated subsidiaries. Bi-Lo was acquired by Coles Myer in 1987. [12]
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Kmart is a discount department store retailer in Australia and New Zealand. Kmart has more than 300 stores around Australia and New Zealand, employing more than 42,000 staff. [13] [failed verification] Kmart Tyre & Auto Service is no longer a part of Kmart after parent Wesfarmers sold the auto division to German company Continental AG. [16]
The merger of Kmart and Sears closed on March 24, 2005, following affirmative shareholder votes of both companies. With the acquisition, the former HQ of Kmart in Detroit moved to the Sears Headquarters. The result of the merger was Kmart and parent Kmart Holding Corporation and Sears became subsidiaries of the new Sears Holdings Corporation.
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