You have kmart? Interesting. Kmart kicked the bucket all over Florida when I was a kid I think. I always assumed it was an American company, but I have no idea. That would be interesting to know it was thriving away in Australia :)
"Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy Limited (Coles) and S.S. Kresge Company in the United States, with Kresge owning 51% of the common stock in the company. They began to develop Kmart stores in Australia in 1968."
Over the years, ownership of Kmart Australia changed, from the original joint venture to the Coles-Myer Group to the present Wesfarmers Ltd (one of Australia's biggest public companies and one of the largest retailers.) Other retail companies under the Wesfarmers banner are: Target Australia, Officeworks, Bunnings, Coles and Kmart Tyre and Auto. It also has interests in mining, travel, insurance, among others.
Interesting. That makes sense, since it is gone from here. Now if I could just find a way to add the word "cents" into that middle sentence I would be very happy.
You have kmart? Interesting. Kmart kicked the bucket all over Florida when I was a kid I think. I always assumed it was an American company, but I have no idea. That would be interesting to know it was thriving away in Australia :)
Yeah someone asked me about that. I'm not sure what the difference is . It's always been here. I love it - full of bargains.
Straight copy from internet:
"Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy Limited (Coles) and S.S. Kresge Company in the United States, with Kresge owning 51% of the common stock in the company. They began to develop Kmart stores in Australia in 1968."
Over the years, ownership of Kmart Australia changed, from the original joint venture to the Coles-Myer Group to the present Wesfarmers Ltd (one of Australia's biggest public companies and one of the largest retailers.) Other retail companies under the Wesfarmers banner are: Target Australia, Officeworks, Bunnings, Coles and Kmart Tyre and Auto. It also has interests in mining, travel, insurance, among others.
There you go.
Interesting. That makes sense, since it is gone from here. Now if I could just find a way to add the word "cents" into that middle sentence I would be very happy.