Why Kmart, Big W and The Reject Shop are under pressure.
Target’s comparable sales for the five months to May fell 2.3 per cent.
Kmart and Target to benefit from $230 million acquisition.
Shoppers can customise over 2800 items at Kmart’s photo kiosks.
Retailers weakened by Costco face now face even larger threats.
Officeworks and Bunnings delivered earnings growth, while Kmart stumbled.
Online sales are for the most part cannibalising traditional retail, not providing new sales.
Department stores and other large retailers can find themselves not big enough to compete with Amazon, but far too big to be quirky niche players.
Amazon’s Whole Foods unit eyes old Sears, Kmart sites for expansion.
Department store’s atypical performance worries investors.