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Kmart Australia
Kmart Australia Limited ( /ˈkeɪmɑːrt/ ''KAY-mart'', doing business as Kmart, Kmart Australia, Kmart New Zealand and Kmart Australia And New Zealand and stylised as ''Kmart'') is an Australian chain of department stores owned by the Kmart Group division of Wesfarmers. The company operates 323 stores across Australia and New Zealand, with its head office located in Mulgrave, Melbourne. Kmart Group, the department store division of Wesfarmers, also owns and operates Target Australia and online retailer Catch.com.au. History Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy Limited (Coles) and the S.S. Kresge Company which was the company that operated Kmart stores in the United States. Kresge owned 51% of the common stock in the company and Coles owned the remaining 49%, together they began to develop Kmart stores in Australia in 1968. The first store opened in Burwood East a suburb of Melbourne, Victoria on 30 April 1969 with an estimated ...
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Kurralta Park, South Australia
Kurralta Park is a suburb of Adelaide, South Australia in the City of West Torrens. History Dr William Wyatt purchased an 80-acre section of land, south-west of Adelaide, which would become Kurralta Park, in 1837. Dr Wyatt (an early Protector of Aborigines The role of Protector of Aborigines was first established in South Australia in 1836. The role became established in other parts of Australia pursuant to a recommendation contained in the ''Report of the Parliamentary Select Committee on Abori ...) made his home, "Kurralta", in Burnside. "Kurralta" is said to mean "set on a hill" in a local language.Dudley Coleman (ed) The First Hundred Years: A History of Burnside in South Australia (1956) Griffin Press, Adelaide. p. 70 Geography The area is bound by Anzac Highway to the south, South Road to the east, and Barwell Avenue to the north. Brownhill Creek divides the suburb. It is about 4 km from the CBD of Adelaide. References Suburbs of Adelaide {{Adelaid ...
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Kmart Newtown Plaza Hobart
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets ...
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New South Wales
) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of New South Wales , established_title2 = Establishment , established_date2 = 26 January 1788 , established_title3 = Responsible government , established_date3 = 6 June 1856 , established_title4 = Federation of Australia, Federation , established_date4 = 1 January 1901 , named_for = Wales , demonym = , capital = Sydney , largest_city = capital , coordinates = , admin_center = Local government areas of New South Wales, 128 local government areas , admin_center_type = Administration , leader_title1 = Monarchy of Australia, Monarch , leader_name1 = Charles III , leader_title2 = Governor of New South Wales, Governor , leader_name2 = Margaret Beazley , leader_title3 = Premier of New South Wales, Premie ...
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Rundle Mall
Rundle Mall is a pedestrian street mall located in Adelaide, South Australia. It was opened as a pedestrian mall in September 1976 by closing the section of Rundle Street between King William Street and Pulteney Street, to vehicular traffic. The street continues as Rundle Street (as before) to the east and Hindley Street to the west. The pedestrian mall has become the centrepiece of Adelaide's city centre, home to some of the most expensive real estate in the state. It competes with the large shopping complexes in the suburbs, (e.g. Westfield Marion, Armada Arndale Shopping Centre, Westfield Tea Tree Plaza, etc.) In 2009, retail space directly on the mall leased for up to $3,700 per square metre per year. The mall is home to the South Australian flagship stores of many large Australian retailers and many smaller independent and chain stores. The mall also features a number of arcades and plazas containing smaller boutiques and eateries. These include the Italianate-style A ...
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = EBITDA – (depreciation and amortization expenses) *operating income = ( gross income) – OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization ( EBITDA) and EBIT), and then deter ...
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Target (Australia)
Target Australia Pty Ltd (formerly Lindsay's and Lindsay's Target, formerly stylised as Target. and doing business as Target and Target Australia) is a department store chain owned by Australian retail conglomerate Wesfarmers. Target stocks clothing, cosmetics, homewares, electronics, books, and toys selling both in-store and online. The company's head office is located in the Melbourne suburb of Williams Landing and opened in 2018. Despite the identical logo, name and similar type of outlets, Target Australia carries no direct relation or affiliation to the American big box retailer Target Corporation. History Beginnings as Lindsay's In 1926, George Lindsay and Alex McKenzie opened their first store in Geelong selling dress fabrics, bedding and furnishings. Lindsay began his retail empire five years earlier, running a store in Ouyen, Victoria, but moved to Geelong to increase the opportunity for growth. The company progressively established stores throughout Victoria, ...
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BI-LO (Australia)
Bi-Lo was an Australian supermarket chain owned by Wesfarmers. Once a chain of 180 outlets, Bi-Lo stores were progressively re-branded as Coles Supermarkets from 2006, or closed. On 30 June 2017, the final store in Shailer Park, Queensland closed. History Bi-Lo was established by John, Peter and David Weeks in South Australia in 1979. The first stores opened at Stirling and Aldgate in South Australia's Adelaide Hills region after being converted from hardware outlets, followed by the acquisition of a third store at Murray Bridge. Coles Myer cited that by 1979, Bi-Lo was South Australia's cheapest grocer. Bi-Lo was a leader in adopting new technology and by 1983 operated product scanning systems in all stores, the first grocery chain store in Australia to complete scanning across all stores in the group. By 1987, Bi-Lo was operating 28 supermarkets in South Australia and generating one third of metropolitan Adelaide’s supermarket sales, when it was acquired by Coles ...
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Coles Group
Coles Group Limited is an Australian public company operating several retail chains. Its chief operations are primarily concerned with the sale of food and groceries through its flagship supermarket chain Coles Supermarkets, and the sale of liquor and petrol through its Coles Liquor and Coles Express outlets. Since its foundation in Collingwood, Victoria in 1914, Coles has grown to become the second-largest retailer in Australia after its principal rival Woolworths in terms of revenue. Formerly known as Coles Myer Ltd. from 1985 to 2006, Coles Group was owned by Western Australian conglomerate Wesfarmers from 2007 until 2018, when it was spun-off, with it once again listed as an independent public company on the Australian Stock Exchange, containing Coles Supermarkets, Coles Online, Coles Express, Coles' liquor division, Coles' financial division and Flybuys. History Coles In 1914, the first Coles "variety store" was opened in Melbourne. Coles was founded in 1914 by Ge ...
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Sears Holdings
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transform Holdco LLC and after that, Sears Holdings Corporation was closed. History 2004–2005: Formation On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co. under a new corporation. Kmart previously emerged from Chapter 11 bankruptcy protection on May 6, 2003. The new corporation became known as Sears Holdings Corporation, simply known as Sears Holdings. The new corporation announced that it would continue to operate stores under both the Se ...
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Scoop (website)
Scoop is a New Zealand Internet news site run by Scoop Media Limited, part of the Scoop Media Cartel. Operational model The website publishes many submitted news and press releases due to their permissive policy. Their website states: "If it's a press release issued in New Zealand, is legible, legal, sane, not hateful and not defamatory we will most probably publish it." In addition to being a general news website, Scoop also contains sub-sites with specific fociWellington.scoop which aggregates Wellington-specific news with editorial comment, and alsPacific.scoopwhich publishes Pacific-related news and is edited by Auckland University of Technology's Pacific Media Centre. As of March 2012, the website claimed to receive 246,500 visitors and 614,500 page impressions per month. Scoop was ranked 3rd by Nielsen Net Ratings in their News Category. History It was established in 1999 by Andrew McNaughton, Ian Llewellyn and Alastair Thompson. In 2003, ''The Guardian'' wrote about ...
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Auckland
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about It is located in the greater Auckland Region—the area governed by Auckland Council—which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of . While European New Zealanders, Europeans continue to make up the plurality of Auckland's population, the city became multicultural and cosmopolitan in the late-20th century, with Asians accounting for 31% of the city's population in 2018. Auckland has the fourth largest foreign-born population in the world, with 39% of its residents born overseas. With its large population of Pasifika New Zealanders, the city is also home to the biggest ethnic Polynesian population in the world. The Māori-language name for Auckland is ', meaning "Tāmak ...
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Henderson, New Zealand
Henderson ( mi, Ōpanuku) is a major suburb of West Auckland, in the North Island of New Zealand. It is west of Auckland city centre, and west of the Whau River, a southwestern arm of the Waitematā Harbour. The suburb is located within the Henderson-Massey Local Board of the Waitākere Ward, one of the thirteen administrative divisions of Auckland Council. Geography Henderson is located between the Waitākere Ranges to the west, and the Te Atatū Peninsula in the east. The area is within the catchment of Te Wai-o-Pareira / Henderson Creek, an estuarial arm of the upper Waitematā Harbour. The Opanuku, Oratia, Swanson, Momutu and Paremuka streams meet at Te Wai-o-Pareira / Henderson Creek, to the north of Henderson. Between 3 and 5 million years ago, tectonic forces uplifted the Waitākere Ranges and central Auckland, while subsiding the Manukau and upper Waitematā Harbours. The land at Henderson is formed from Waitemata Group sandstone, which was previously found at th ...
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