15th Jan 2021 4:15 PM
More than 50 Target stores are expected to be closed over the coming months, while dozens will be converted into Kmart outlets in a major retail shake-up.
News of the shrinking Target estate broke last year after sales slumped by $67 million, but many of the changes are happening in 2021.
Around 55 Target's will be converted around Australia into Kmart stores or KHubs, smaller neighbourhood stores that stock products across kids, home and clothing.
More Kmarts are coming to Australia as Targets are closed and converted. Picture: NCA NewsWire / Flavio Brancaleone
It comes after 16 Target outlets already went through transformations into Kmarts in 2020.