Kmart and Target confirm major $10billion merger in huge change for shoppers – what the new deal will mean for customers ...Middle East

A MAJOR merger is in the works for two popular companies that dominate Australia’s retail landscape. Australian conglomerate Wesfarmers Limited has announced that it plans to bring together Kmart and Target to create a single $10billion business. AP:Associated PressWesfarmers Limited has announced plans to merge Kmart and Target into one business in Australia[/caption] GettyManagement believes the merger between the two companies will bring more jobs in the future[/caption] The change comes three years after 167 Target stores were either closed or converted to Kmart outlets in the country. Corporate offices for both companies will be combined, as well as their technology and

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