Kmart in Australia was having the same problems as Kmart in America. This was not long after Kmart America had sold their interest in Kmart Australia. A new owner came in, refurbished the stores, added smaller stores, and focused on being customer service based, and are now thriving in Australia. America could have seen a different outcome if another CEO had taken over during their first bankruptcy, because yes, they likely don't surpass Walmart, but Target is proving there is room for multiple discount stores, and are doing many of the same things Australia Kmart is doing- focusing on customers, revitalizing their stores, opening smaller stores in urban areas, things Kmart should have done 20 years ago, but didn't.
Kmart in Australia was having the same problems as Kmart in America. This was not long after Kmart America had sold their interest in Kmart Australia. A new owner came in, refurbished the stores, added smaller stores, and focused on being customer service based, and are now thriving in Australia. America could have seen a different outcome if another CEO had taken over during their first bankruptcy, because yes, they likely don't surpass Walmart, but Target is proving there is room for multiple discount stores, and are doing many of the same things Australia Kmart is doing- focusing on customers, revitalizing their stores, opening smaller stores in urban areas, things Kmart should have done 20 years ago, but didn't.