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EXPLAINED: 2 | Vintage Vibes

FED:Back to the future: Kmart returning checkouts to exits

Kmart Group is refurbishing two dozen more stores to a new format, and opening a new concept store for home goods near an Australian capital city.

Back to the future: Kmart returning checkouts to exits

Back to the future: Kmart returning checkouts to exits

Kmart Group is refurbishing two dozen more stores to a new format, and opening a new concept store for home goods near an Australian capital city.

Wesfarmers posts $1.5b first-half profit

Wesfarmers posts $1.5b first-half profit

Wesfarmers has continued to grow sales in all but two of its divisions, as it prepares to wind up loss-making Catch.

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Wesfarmers to close money-losing e-commerce site

Wesfarmers says the recent increase in Australian e-commerce activity had hampered growth prospects for its catch.com.au website.

The art of Kmart: why the discount retailer is thriving while rivals such as Big W struggle

After a years-long transformation, Kmart Group is delivering supercharged profits for owners Wesfarmers, much to the envy and dismay of others

The Guardian - AU

One in three Australians throwing unwanted clothes in rubbish, survey finds

RMIT-led study recommends a national recycling scheme to reduce the 200,000 tonnes of textiles sent to landfill each year

The Guardian - AU

Budget bliss as Kmart brand helps bag Wesfarmers profit

Australian conglomerate company Wesfarmers has lifted its profit by 3.7 per cent on the previous year as consumers snapped up affordable products at Kmart.

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Surging Kmart sales help Wesfarmers grow H1 profit

Surging Kmart sales help Wesfarmers grow H1 profit

Kmart's value proposition resonated with shoppers in the first half of 2023/24, helping Wesfarmers lift its profit by three per cent to $1.43 billion.

Kmart Group urged to join industry textile recycling scheme or face regulation, government says

Kmart Group urged to join industry textile recycling scheme or face regulation, government says

Group which owns Kmart and Target has not signed up to initiative that would impose 4 cent levy on garments to fund research

The Guardian - AU

‘Significant earnings’: Kmart cashes in as shoppers hunt low prices amid cost-of-living crisis

‘Significant earnings’: Kmart cashes in as shoppers hunt low prices amid cost-of-living crisis

Australian shoppers are flocking to discount chain Kmart as the cost of living crisis bites, with the company unveiling a big result.

Kmart and Bunnings help fuel bumper Wesfarmers result

Kmart and Bunnings help fuel bumper Wesfarmers result

Kmart and Bunnings owner Wesfarmers has hiked its dividend by 10 per cent after delivering $1.38 billion in profit on $22.6b in revenue.

Wesfarmers lifts dividend, beats estimates

Wesfarmers lifts dividend, beats estimates

KMart and Bunnings owner Wesfarmers has delivered a better-than-expected dividend and forecast a strong outlook despite inflationary concerns.

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Aleksandra Spaseska

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