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Encyclopedia > Kmart Australia
Kmart Australia
Type Subsidiary
Founded 1969
Headquarters Hawthorn East, Victoria,
Flag of Australia Australia
Key people Larry Davis, Managing Director, Kmart
Industry Retail
Revenue $3,889 million AUD (2007)
Operating income $96.8 million AUD (2007)
Website www.kmart.com.au
www.kmart.co.nz
Kmart store at Kurralta Park in Adelaide's western suburbs.
Kmart store at Kurralta Park in Adelaide's western suburbs.
Entrance to Kmart Broadway in NSW.
Entrance to Kmart Broadway in NSW.

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 (formerly the Kmart Corporation and Sears, Roebuck and Company). Kmart logo, claiming fair use, please update File links The following pages link to this file: Sears Holdings Corporation ... Also: 1969 (number) 1969 (movie) 1969 (Stargate SG-1) episode. ... Hawthorn East, is a suburb of Melbourne, Australia, in the state of Victoria. ... Image File history File links This is a lossless scalable vector image. ... Drawing of a self-service store. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... Au. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Au. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... Image File history File linksMetadata Download high-resolution version (1600x1200, 706 KB) Kmart Kurralta Park, Adelaide Australia. ... Image File history File linksMetadata Download high-resolution version (1600x1200, 706 KB) Kmart Kurralta Park, Adelaide Australia. ... Image File history File links SP_A00501. ... Image File history File links SP_A00501. ... A discount store is a retail store offering a wide range of products, many branded, at discounted prices. ... Wesfarmers (ASX: WES) is one of Australia’s largest public companies, with its headquarters in Perth, Western Australia. ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... Hoffman Estates is a village located primarily in Cook County and a small section in Kane County, Illinois. ... Sears Holdings Corporation (NASDAQ: SHLD) is the fourth largest retailer in the United States, behind Wal-Mart, The Home Depot, and Kroger. ... new Kmart logo Kmart Corporation was a US based corporation until it merged with Sears Holdings in November 2004. ... Sears, Roebuck and Company is an American mid-range chain of international department stores, founded by Richard Sears and Alvah Roebuck in the late 19th century. ...


There are 187 Kmart stores across Australia and New Zealand.

Contents

History

Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy (Coles) and Kmart Corporation in the US. Sears Holdings Corporation (NASDAQ: SHLD) is the fourth largest retailer in the United States, behind Wal-Mart, The Home Depot, and Kroger. ...


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 Kmart Corporation. The Burwood store opened to intense interest, with an estimated 40,000 people passing through the checkouts on the first day. [1] Burwood East is a suburb of Australia, in the state of Victoria. ... VIC redirects here. ... For the Australian department store chain, see Kmart Australia. ...


Goods Sold

Kmart stores sell typical discount department store merchandise including home entertainment goods, photographic equipment and developing, camping and fishing goods, sporting goods, toys, kitchenware, small appliances, storage & home organisation, Manchester, confectionery, stationery, books, cards & party goods, furniture, garden supplies, automotive equipment, lighting, hardware, luggage, cosmetics, clothing and footwear.


Compared with Target, Wesfarmers' other discount department store chain, Kmart focuses on a somewhat lower market segment[citation needed]. Target Australia Pty Ltd is an Australian discount department store chain owned by Coles Group. ... A Market segment is a subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs. ...


Recent events

In 2006, Coles Group announced its plans for Kmart, along with BI-LO and the Coles Group liquor brands, to be merged into the Coles brand. [2] The merger would have seen a variety of Coles stores with different purposes, including food, merchandise, petrol and liquor. The plan was for the first re-branded store to open in 2007, with 40 stores, mostly former 'Super K' stores divided last decade into separate Coles and Kmart stores, reformed into Coles Superstores. However, in March 2007, Coles Group announced that the plans for these super centres were being deferred, pending the sale of all or part of Coles Group.[3] In August 2007, Wesfarmers CEO Richard Goyder said super centres would almost certainly not be part of the Wesfarmers approach after taking over Coles Group. [4] Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... BI-LO is a major Australian supermarket chain owned by Wesfarmers (formerly Coles Group). ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ...


Kmart's performance in recent years has been mixed. In May 2007, it reported a sales drop of 3.0% for the most recent quarter, and an overall drop in sales for the current year.[5]


Announcing its plans in August 2007 for Coles Group following their expected takeover, Wesfarmers said it would consider selling all or part of Kmart, or converting some stores to the Target brand.[6] Wesfarmers took control of Coles Group in November 2007 and by March 2008 had decided to retain Kmart and invest $300m in the chain over the next five years.[7] Wesfarmers (ASX: WES) is one of Australia’s largest public companies, with its headquarters in Perth, Western Australia. ... Target Australia Pty Ltd is an Australian discount department store chain owned by Coles Group. ...


Kmart Derivations

Kmart Tyre and Auto Service

Specialises in automotive accessories, car servicing, tyres and checkups. Historically, these stores are usually (but not always) attached to a Kmart store. In early 2006 a number of vehicle servicing facilities at Shell service stations became Kmart Tyre and Auto Service outlets. Royal Dutch Shell plc is a multinational oil company of British and Dutch origins. ...


Girl Xpress

Specialises in clothing for young urban women. A concept standalone store selling Girl Xpress apparel opened in Victoria in 2006 outside the flagship Burwood East store.


Clearance Centre

The original Kmart Australia logo that was used from 1980 to 1991. The word "mart" was done in italics. This logo is now in the US version of Kmart which was used from 1962 to 1990 and it was still used at older Kmart locations.

Kmart opened its first Clearance Centre on November 30, 2006, situated in Ringwood, Victoria. The Clearance Centre operates the same way as normal Kmart Stores, however all merchandise sells for much less. This format is similar to Megamart, a chain Kmart's corporate parent Coles Group operated during the early 2000's. The Clearance Centre closed in June 2007. Image File history File links Kmart_logo_old. ... Image File history File links Kmart_logo_old. ... For the Australian department store chain, see Kmart Australia. ... Location within the British Isles Ringwood is a town in Hampshire, England, on the River Avon, to the west of the New Forest and north of Bournemouth. ... Megamart was an Australian chain of stores owned by Coles Myer which sold electrical and furniture items. ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ...


Kmart Garden Super Centre

The original Kmart Australia logo was used 1977-2007. It still used at many Kmart Australia Locations. Some locations in the US had this logo.

Specialised in garden, plants and garden furniture. Most of these stores were standalone, "big box" stores in a warehouse format that sell Kmart manufactured or branded outdoor living items. Many lines were not available at standard Kmart stores. The Kmart Garden Super Centre in Campbellfield is the only store that was attached to an existing Kmart store. Image File history File links Kmart. ... Image File history File links Kmart. ... The oldest surviving examples of garden furniture were found in the gardens of Pompeii. ...


Kmart Garden Super Centres have been a major sponsor of the Melbourne International Flower & Garden Show.


From circa 1999 to mid-2006 there were four Garden Super Centres in Victoria (Chadstone, Fountain Gate and Campbellfield and Watergardens), one in Queensland (Windsor) and one in NSW at Casula (The Crossroads). All stores except for the Campbellfield store have now closed and divested to Flower Power.


The future of the remaining Campbellfield store remains uncertain.


Super Kmart

Super Kmart was a hypermarket chain existing during the mid to late eighties. It sold all the same lines as a regular Kmart store, plus those sold by Coles Supermarkets. This format is very similar to those of the contemporary Pick 'n Pay Hypermarkets. Packaged food aisles of Fred Meyer in Portland, Oregon In commerce, a hypermarket or multi-department store is a superstore which combines a supermarket and a department store. ... Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers (formerly Coles Group before its acquisition on 23 November 2007). ... Pick N Pay hypermarkets are a chain of hypermarkets in Brisbane,Queensland,Australia owned by Coles Myer. ...


Other information

  • In Australia, Kmart is a participant in FlyBuys, a loyalty program.
  • A Kmart store card existed between 2000 and 2003, before being replaced by the Coles Myer card in Australia.
  • When $30 or more is spent in a Kmart store, the purchaser receives a docket entitling them to 4 cents per litre off the standard price of petrol at any Coles Express-branded Shell service station.
  • In-store radio is broadcast by satellite into most Kmart stores in Australia and includes music, news updates and promotional-sales segments.
  • Kmart's current theme song is Let's Go by The Cars, with its slogan being 'Where good times start'.
  • A popular theme song used by Kmart in the late 90's was Counting the Beat by New Zealand band The Swingers. Two Princes by the Spin Doctors was also popular.

FlyBuys card (Australia) FlyBuys is a prominent Australian loyalty program operated by Loyalty Pacific, a joint venture of Coles Group and National Australia Bank. ... Coles Myer Limited is an Australian public company which operates a number of retail chains. ... Lets Go may refer to: Lets Go (Philippine TV series), a teen Philippine sitcom on ABS-CBN Lets Go (New Zealand TV series), a New Zealand television music show Lets Go (CBC TV series), a 1960s Canadian television series on CBC Television Lets Go (CTV... The Cars were an American rock band, fronted by Ric Ocasek, that emerged from the early punk scene in the late 1970s. ... The Swingers were a New Zealand rock band. ...

References

  1. ^ Kmart. Coles Group. Retrieved on 2007-08-09.
  2. ^ Strategy Update: Driving Value for our Shareholders. Coles Group (News Release) (21 Sep 2006). Retrieved on 2007-08-09.
  3. ^ Coles defers supercentre strategy as sell-off looms. New Zealand Herald (20 Mar 2007). Retrieved on 2007-08-09.
  4. ^ "'Mini-Kmarts' to hold off rivals", Australian Financial Review: p.15, 20 August 2007 
  5. ^ Coles Group 2007 third quarter sales. Coles Group (News Release) (17 May 2007).
  6. ^ Wesfarmers plans Coles investment, restructuring. Reuters (16 Aug 2007). Retrieved on 2007-08-16.
  7. ^ Wesfarmers puts $300m into Kmart. The Age, Melbourne (20 March 2008). Retrieved on 2008-03-20.

Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 221st day of the year (222nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 221st day of the year (222nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 221st day of the year (222nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 228th day of the year (229th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance with the Gregorian calendar. ... is the 79th day of the year (80th in leap years) in the Gregorian calendar. ...

See also

For the Australian department store chain, see Kmart Australia. ... Sears Holdings Corporation (NASDAQ: SHLD) is the fourth largest retailer in the United States, behind Wal-Mart, The Home Depot, and Kroger. ...

External links

  • Kmart Australia
  • Kmart New Zealand
Wesfarmers (ASX: WES) is one of Australia’s largest public companies, with its headquarters in Perth, Western Australia. ... Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers (formerly Coles Group before its acquisition on 23 November 2007). ... BI-LO is a major Australian supermarket chain owned by Wesfarmers (formerly Coles Group). ... Typical Coles Express It should be possible to replace this fair use image with a free one. ... Liquorland is a chain of shops in Australia that sell distilled and alcoholic beverages. ... Vintage Cellars is an Australian chain of shops owned by Coles Group. ... Pick N Pay hypermarkets are a chain of hypermarkets in Brisbane,Queensland,Australia owned by Coles Myer. ... 1st Choice Liquor Superstores are a group of liquor superstores in Australia, competing with Dan Murphys. ... Bunnings Warehouse is the southern hemispheres largest hardware chain store, with more than 249 stores all over Australia and New Zealand. ... Officeworks is an Australian office supplies store, which was established in the early 1990s by Coles Myer. ... Harris Technology Pty Ltd. ... Officeworks is an Australian office supplies store, which was established in the early 1990s by Coles Myer. ... Target Australia Pty Ltd is an Australian discount department store chain owned by Coles Group. ... FlyBuys card (Australia) FlyBuys is a prominent Australian loyalty program operated by Loyalty Pacific, a joint venture of Coles Group and National Australia Bank. ...

  Results from FactBites:
 
Britain.tv Wikipedia - Kmart (2561 words)
Kmart was also among the first retailers to invest in store-level technology, such as drive-through pharmacy and self checkout devices.
On May 6, 2003, Kmart officially emerged from bankruptcy protection as the Kmart Holdings Corporation and on June 10, 2003, it began trading on the NASDAQ as "KMRT."?title=Kmart introduced five prototype stores with a new logo, layout and color scheme (lime green and gray) with one in White Lake, Michigan and four in Peoria, Illinois.
Kmart stores in Australia will be renamed in line with the Coles brand in late 2007, however the precise name has not been decided.
Kmart Australia - Wikipedia, the free encyclopedia (1343 words)
Kmart Australia is a discount department store chain, equivalent to the stores in the United States bearing the same name.
Kmart Australia Limited was born out of a joint venture between G.J Coles and Coy (Coles) and Kmart Corporation in the US.
Kmart New Zealand shares merchandise and branding with Kmart Australia, and is owned by Coles Myer Holdings New Zealand.
  More results at FactBites »


 

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