Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour
Inside Retail
AUGUST 27, 2023
This is the message put forward by Wesfarmers’ CEO Rob Scott, and Kmart Group managing director Ian Bailey, to investors last week. Labour, leases, and clearance stock So, what are those levers? According to Bailey, the Kmart Group business has three main costs which it can reliably predict: labour, leases, and clearance stock.
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