Wesfarmers announced they will reduce their network of Target stores, while opening new Kmart stores.
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Target warns of squeezed profits from aggressive inventory plan
167 Target stores around Australia to close in major restructure
Why Australia's Target stores had to close - ABC News
167 Target stores around Australia to close in major restructure
JPMorgan Says 60/40 Portfolio Far From Dead, Set to Trounce Cash
U.S. Retail Stores' Planned Closings Already Exceed 2018 Total - The New York Times
Why Australia's Target stores had to close - ABC News
Target shuts up to 75 stores and converts others to Kmart, putting
Target stores close: struggling store to shut dozens of locations over the next five years
Target to close up to 75 stores across Australia, costing more than one thousand jobs, Retail industry