date:Aug 19, 2013
ion, excess inventory requiring high levels of clearance activity, higher than expected shrinkage and restructuring costs and increased costs of doing business.
Challenging conditions have continued into the 2014 financial year, according to Target. The department store said it will focus on getting back to basics, and will see a strengthened leadership team in place by Christmas 2013 to oversee longer term transformation.
Kmart and Kmart Tyre and Auto Service
The Kmart group saw revenue incr