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Kmart outlines future plans

Kmart has managed to turn its fortunes around under the leadership of MD, Guy Russo, but like many retailers, it is still yet to crack the code to one major sales channel. Since 2009, Kmart has based its revival heavily on bricks and mortar, investing $78 million into the rollout of 26 outlets across Australia and New Zealand over the past six years. Kmart will open 11 new stores this financial year and plans to open around 10 new stores each year over the next three years, with a total target n

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