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Target Australia stores set to convert to Kmarts or K Hub as 52 outlets will close for good

Revealed: 64 Australian Target stores will be converted to Kmarts or want new ‘K Hubs’ this year – while others prepare to close for good

  • The goal is to close 52 stores, while 64 others will be converted to Kmarts
  • Wesfarmers has announced that the majority of the conversions will take place in 2021
  • 64 outlets will be converted into Kmarts or ‘K Hubs’, smaller stores

Target Australia plans to permanently close more stores in a major uproar, and more stores are expected to be converted to Kmarts.

Parent company Wesfarmers announced that the majority of the conversions will occur in 2021 after the retail chain suffered a $ 67 million drop in sales.

Over the next 12 months, 52 Target stores will close for good, while 64 others are preparing to be converted into Kmarts or ‘K Hubs’, which are smaller nationwide stores.

Last year, 16 Target outlets moved to a Kmart or K Hub store.

Target Australia plans to permanently close more stores in a major shake-up in 2021 (file image)

Target Australia plans to permanently close more stores in a major shake-up in 2021 (file image)

Last year, a number of Target regional stores were converted into 'K-Hub' - a smaller store that sells household goods, clothing and children's goods (photo from a K-Hub store in regional Victoria)

Last year, a number of Target regional stores were converted into 'K-Hub' - a smaller store that sells household goods, clothing and children's goods (photo from a K-Hub store in regional Victoria)

Last year, a number of Target regional stores were converted into ‘K-Hub’ – a smaller store that sells household goods, clothing and children’s goods (photo from a K-Hub store in regional Victoria)

What are K Hub Stores?

The ‘one-stop-shop’ K Hub stores are re-branded Target Country stores stocking Kmart’s most popular homewares, apparel and kids lines.

The collections are designed for a ‘smaller neighborhood store, with more convenience in mind’ and are described as ‘the best of Kmart, just in a smaller package’.

“The decision to transform the Target network and the difficult decision to close some of our stores is not light, but necessary to improve the commercial viability of the business,” the chain said on its website.

“To do this successfully in today’s retail environment, we need to adapt our business – to make it smaller, more focused, less complex and digital, so we can better serve our customers both in-store and online.”

A number of regional Target stores have since been rebranded as ‘K-Hub’ stores.

“Our K-hub stores may look a little different than you would expect from a normal Kmart store,” Kmart said August last year.

“They have our most popular Kmart products for kids, home and apparel, but they’ve been brought to life in a new way – a collection inspired by a smaller neighborhood store, with more convenience in mind.”

The big stir comes after the retailer announced the official opening of its brand-new concept stores in Cobram, Echuca and Seymour in regional Victoria in August last year.

The big stir comes after the retailer announced the official opening of its brand-new concept stores in Cobram, Echuca and Seymour in regional Victoria in August last year.

The big stir comes after the retailer announced the official opening of its brand-new concept stores in Cobram, Echuca and Seymour in regional Victoria in August last year.

Customers have the option to purchase the full range of Kmart and Target online and then visit the store to pick up their items.

‘Our online business is still available 24 hours a day. We will expand our digital capabilities so that we can continue to meet the growing demand in this space, ”he said.

Last year, the company said the restructuring would reduce Target’s “unsustainable” cost base and allow it to focus on the more profitable Kmart.

The closures and conversions will likely cost the company between $ 120 million and $ 170 million in the next year.

An additional $ 140 million will be used for one-time store conversion and clearance costs.

Target stores to convert into Kmarts

NEW SOUTH WALES

Bega, early mid-2021

Bondi Junction, early 2021

Bowral, early 2021

Broken Hill, early mid-2021

Gunnedah, early 2021

Katoomba, early 2021

Liverpool, mid-2021

Miranda, early 2021

Moree, early 2021

Mudgee, early 2021

Picton, early 2021

Rhodes, early 2021

Rouse Hill, early 2021

Tumut, early 2021

Ulladulla, early 2021

Warringah Mall, mid-2021

Windsor Town S / C, early 2021

Yass, early 2021

VICTORIA

Ararat, early mid-2021

Caroline Springs, late 2021

Craigieburn, early 2021

Doncaster, early 2021

Epping, early mid-2021

Hamilton, early 2021

Lakes Entrance, early 2021

Leongatha, early 2021

Mansfield, early 2021

Portland, early 2021

Seymour, early 2021

Swan Hill, 2021

Watergardens, early mid-2021

Yarrawonga, early 2021

NORTHERN TERRITORY

Katherine, early 2021

QUEENSLAND

Ayr, early mid-2021

Beerwah, early mid-2021

Bowen, early 2021

Charters Towers, early 2021

Chinchilla, early 2021

Dalby, early 2021

Forest Lake, early 2021

Gatton, early 2021

Goondiwindi, early 2021

Gympie, early 2021

Ingham, early 2021

Mareeba, early 2021

Noosa Junction, early 2021

Ocean Shores Village Ctr, early 2021

Port Douglas, early 2021

Roma, early 2021

Sarina, early 2021

Stanthorpe, early 2021

Warwick, early 2021

Yamba, early 2021

Yeppoon, early 2021

SOUTH AUSTRALIA

Berri, early 2021

Murray Bridge, early 2021

Port Augusta, early 2021

Victor Harbor, early 2021

WEST AUSTRALIA

Esperance, early 2021

Geraldton, early mid-2021

Northam, early 2021

Perth CBD, mid-2021

Pinjarra, early 2021

Whitford City, Mid-2021

Full List: Target stores are set to close

NEW SOUTH WALES

Armidale, beginning mid-2021

Casino Retail Center, early mid-2021

Cooma, early mid-2021

Cootamundra, early mid-2021

Corowa, early mid-2021

Deniliquin, early mid-2021

Forbes, early mid-2021

Goonellabah, early 2021

Leeton, early 2021

Merimbula, early mid-2021

Morisset, early mid-2021

Murwillumbah, early 2021

Narrabri, early mid-2021

Nowra, early mid-2021

Salamander Bay, early mid-2021

Scone, early mid-2021

Wagga Wagga, early mid-2021

Winmalee, early mid-2021

VICTORIA

Bacchus Marsh, early mid-2021

Bairnsdale, early mid-2021

Benalla, mid-2021

Colac, early mid-2021

Kerang, early mid-2021

Langwarrin, early mid-2021

Maryborough, early mid-2021

Myrtleford, early mid-2021

Traralgon, early mid-2021

Warragul, early mid-2021

TO TRADE

Weston Creek, early mid-2021

QUEENSLAND

Atherton, early 2021

Beaudesert, early mid-2021

Biloela, early 2021

Cairns, mid-2021

Casino Retail Center, early mid-2021

Castletown, early 2021

Clifton Beach, early mid-2021

Emerald, early mid-2021

Goonellabah, early 2021

Hervey Bay, early 2021

Kippa Ring, early 2021

Longreach, early mid-2021

Moranbah, early mid-2021

Murgon, early mid-2021

WEST AUSTRALIA

Busselton, early 2021

Karratha, early mid-2021

Kununurra, early mid-2021

Manjimup, early mid-2021

Margaret River, early mid-2021

Merredin, early mid-2021

Narrogin, early mid-2021

SOUTH AUSTRALIA

Clare, early mid-2021

Millicent, early 2021

Naracoorte, early mid-2021

Port Lincoln, early 2021

TASMANIA

Devonport, early mid-2021

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