Target to merge into Kmart to create $10 billion discount retail giant

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Target to merge into Kmart to create $10 billion discount retail giant
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There has been a big shake-up this morning for two iconic Aussie retailers, with Kmart and Target to MERGE into a single $10 billion business. SarahStewart_9 9News MORE:

brands are about to become even more closely linked through a merger creating one $10 billion discount giant.in a move it hopes will improve sales and help the department stores share backend technology.

Instead he described the move as an "internal reorganisation" following years of operating the two separate businesses closely together.

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