Located inside the Broadway Sydney indoor shopping mall, this Target looks very similar to a Target in the U.S. It has 124 department stores across Australia. We came for a visit during our three day cruise layover in Sydney. Later I learned that despite the name and similar logos, they are completely different companies with different origin stories.
Target (Australia) was founded as a name change from Lindsay's to Lindsay's Target in 1968 by its parent company, Myers. [Six years earlier, Dayton US opened its first Target store in the US, an attempt for a discount chain under its more prestigious flagship department stores]. When Myer merged with Coles in 1985, it became part of the 'Kmart' division of Coles. In fact, Kmart is quite a bit bigger than Coles in Australia today, both being owned by Wesfarmers when it purchased Coles in 2007. So in reality, Target Australia has more history with Kmart U.S. than its namesake in the US. read more