Target at Westfield Bondi Junction is closing down on Saturday.
Apparently K Mart will be opening in its place. I assume that means K Mart at Eastgate shopping centre will then close?
Target at Westfield Bondi Junction is closing down on Saturday.
Apparently K Mart will be opening in its place. I assume that means K Mart at Eastgate shopping centre will then close?
I reckon all targets aroubd Australia will be closed by end of year at this rate.
It’s a shame it’s purely bad management that has caused the stores to close
Target should be on the same level as H+M or Uniqlo. Good quality but general clothing that can be dressed up or down. Instead it’s an expensive kmart that’s not even worth entering most of the time.
They have already tried that. They should have gone after BIGW (say 70% brands/30% house brands) vs Kmart (95% house brand).
I actually went into Target last week. They have $200 sheet sets etc on the shelf now. What the heck are they doing. Going after DJs lol?
No they didn’t. They might’ve put out that press release but the products never made it to the store. You can tell something changed coz the Target at Chadstone is swish, but the products are bleh. It had a cafe for about 3 months before that was removed. They didn’t give anything a chance long enough to see if it worked, now the brand is damaged and probably not revocable.
For $200, I’d want the best god damn nights sleep possible. Or a good root. One of the two.
A Target turnaround will take 10 years, no different to the successful Kmart turnaround and it appears Bigw is about halfway there already. The lead times with the stock at these places are all the same 10-12 months.
10 years is just too long and too much of a management drag. I mean they already have tried the last 10 years transforming it so it’s a 20 year journey. Which is why they appear to be gutting it then selling it off for someone else to deal with.
I’d expect a sale 2023/24. Who the **** would buy such a business!
Shame - Target had nice clothing and then the old CEO tried to ruin the stores by making it look cheap and tacky like Kmart. Stores lost their branding and identity.
the issue with target (marketing hat on) is that they took away it’s USP and therefore it’s market position.
It was positioned as good mid range retailer. the sort of place that was above k-mart and below Myer. they had brand name products at a price that was above kmart.
the downfall came when they started stocking generics at a premium price and it became the majority of the stock. if i wanted generics i’d go to k-mart. all of a sudden they had kmart nice (target) and kmart.
Those cafes where never going to work, though. Especially in a shopping centre like Chadstone which has about every dining option you can come up with, who wants to eat in Target?
But that aside, the newer target stores which originally had the cafes are great to me. I always find something, and the stores are nicely laid out.
Agreed. I really don’t find Target that bad.
Infact, I feel like they’ve improved recently - particularly in their homewares.
My local Coles -
I suspect Target is still very much in a holding pattern until they finish the store closures and conversions this year. Once they have a better idea of the store footprint they’ll have going forward we’ll start to see a new strategy emerge.
Yeah, the “please buy us” strategy.
I’d want both!
@MelbTV more reporting on your local Coles here?
I was at the new Windsor K Hub this afternoon and noticed they seem to have an inverted colour scheme on the price boards. Oddly it’s only a random assortment that are black on white rather than the usual white on black.
I presume so. Kmart at Eastgate has always been a weird legacy store, it was opened in 1980 (just before the Super Kmart concept) alongside the Coles there.
The store location is quite unlike what I’ve seen anywhere else - it is completely separate from the main shopping centre - you have to walk directly next to a car park driveway to enter the actual store!
Also, because it’s in the basement level of a shopping centre, it doesn’t have much headroom or actual floor space. Opening in the Westfield instead would probably be a better idea because it wouldn’t be buried in a car park, it would actually be able to pick up foot traffic from other nearby stores.
That being said, Coles has a store in Bondi Westfield as well as at Eastgate across the road, so holding onto both stores might not be out of the question.
I think supermarkets are different though. There will be two in really close proximity but will stay in business because they are needed for the population that uses them. This happens a lot.
Hurstville has a Coles supermarket in Westfield and another in the Super Centre. Woolworths Rockdale Plaza is just over 1km from Woolworths Kogarah. Woolworths has two supermarkets in Marrickville.
Also done to stop the other major moving in.
Coburg and Clayton in VIC both have 2 coles sharing a single car park, because one used to be a BILO before conversion.