Wesfarmers have released the list of Queensland Target stores to be closed or converted into Kmart outlets
A full list of Queensland target stores that will be closed or converted to Kmarts over the next 12 months has been released.
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ALMOST 30 Queensland Target stores will be closed or converted into Kmarts over the next year.
Parent company Wesfarmers announced yesterday up to 167 stores Australia could disappear forever over the next year with up 75 Target stores will be shuttered and 92 others converted into Kmart outlets after a review into the struggling retailer’s operations.
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In Queensland there will be 10 mostly country-based stores closed as will as one just over the border at Murwillumbah, while 19 stores will be comverted into Karts.
Wesfarmers told the ASX this morning it had “identified a number of actions to accelerate the growth of Kmart and address the unsustainable financial performance of Target”.
“These actions include the conversion of suitable Target and Target Country stores to Kmart stores, the closure of between 10 to 25 large format Target stores, the closure of the remaining 50 small format Target Country stores, and a significant restructuring of the Target store support office,” the company said.
The Queensland stores are:
Stores closing
Atherton — early 2021
Beaudesert — early-mid 2021
Biloela — early 2021
Casino Retail Centre — early-mid 2021
Emerald — early-mid 2021
Goonellabah — early 2021
Kippa-Ring — early 2021
Longreach — early-mid 2021
Moranbah — early-mid 2021
Murgon — early-mid 2021
Murwillumbah (NSW) — early 2021
Stores converting to Kmart
Ayr — early-mid 2021
Beerwah — early-mid 2021
Bowen — early 2021
Charters Towers — early 2021
Chinchilla — early 2021
Dalby — early 2021
Gatton — early 2021
Goondiwindi — early 2021
Gympie — early 2021
Inghham — early 2021
Mareeba — early 2021
Noosa Junction — early 2021
Ocean Shores — early 2021
Port Douglas — early 2021
Roma — early 2021
Sarina — early 2021
Stanthorpe — early 2021
Warwick — early 2021
Yeppoon — early 2021