Kmart Australia is a discount department store chain, that operates in Australia (and New Zealand trading as Kmart New Zealand). Wesfarmers (formerly the Coles Group) operates Kmart Australia Ltd under license from Hoffman Estates, Illinois, United States-based Sears Holdings Corporation (the parent of Kmart and Sears, Roebuck and Company).
There are 182 Kmart stores across Australia and New Zealand, with 116 of the stores in Australia.
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Kmart Australia is a discount department store chain, that operates in Australia (and New Zealand trading as Kmart New Zealand). Wesfarmers (formerly the Coles Group) operates Kmart Australia Ltd under license from Hoffman Estates, Illinois, United States-based Sears Holdings Corporation (the parent of Kmart and Sears, Roebuck and Company).
There are 182 Kmart stores across Australia and New Zealand, with 116 of the stores in Australia.
Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy (Coles) and Kmart Corporation in the US.
In 1978 Coles acquired full control of the operation and in 1994 bought back all shares Kmart Corporation held in Coles.
A long-term licensing agreement allows Coles Group to use the Kmart name. Kmart New Zealand shares merchandise and branding with Kmart Australia, and is owned by Coles Group Holdings New Zealand.
When its first store opened in Burwood East, Victoria in April 1969, Kmart Australia was 51 percent owned by the US...
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