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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 ...
The company's head office is located in the Melbourne suburb of Williams Landing which the company moved to in 2018. [4] Despite the identical logo, name and similar type of outlets, Target Australia carries no direct relation or affiliation to the American retailer Target Corporation. [5]
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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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.
There are two food courts, two office towers located at the southern side of the centre and a newly built hotel. The centre's owners had sought a further expansion to include a 250-room hotel and 15,000m 2 of offices (including its owner Vicinity Centres Head Office), to take total floor space to 221,217m 2, including 156,924m 2 of shop floor ...
The Myer retail group was founded by Sidney Myer, who migrated from Belarus to Melbourne in 1899 after the height of Victoria's gold rush, with very little money and little knowledge of English to join his elder brother, Elcon Myer (1875–1938), who had left Russia two years earlier.