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Encyclopedia > Target (Australia)
Target Australia
Type Subsidiary
Founded 1925
Headquarters North Geelong, Victoria,
Flag of Australia Australia
No. of locations 268
Key people John Fletcher, Chief Executive Officer, Coles Group
Launa Inman, Managing Director, Target
Industry Retail
Revenue $3,306 million AUD (2007)
Operating income $290 million AUD (2007)
Parent Coles Group
Slogan 100% happy
Website www.target.com.au

Target Australia Pty Ltd is an Australian discount department store chain owned by Coles Group. It operates 268 stores [1] with its head office located in North Geelong, Victoria. It sells clothing, cosmetics, toys, homewares, electrical and electronics goods. Rights to the Target logo and name were granted to Myer Emporium Ltd. (now Coles Group), by the Dayton Hudson Corporation (now known as Target Corporation). The Target logo in Australia differs from the U.S. version by the different font, use of lower case letters and the addition of a full stop. Image File history File links No higher resolution available. ... Year 1925 (MCMXXV) was a common year starting on Thursday (link will display the full calendar) of the Gregorian calendar. ... North Geelong is a suburb of Geelong in the Australian state of Victoria. ... Image File history File links This is a lossless scalable vector image. ... John Fletcher is the CEO of Coles Group, the biggest retailer in Australia. ... Drawing of a self-service store. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... Au. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Image File history File links No higher resolution available. ... Au. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... A holding company is a company that owns part, all, or a majority of other companies outstanding stock. ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... North Geelong is a suburb of Geelong in the Australian state of Victoria. ... Myer Emporium. ... Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ... This article is about the United States retail company. ... This article is about the United States retail company. ...

Contents

History

In 1925, George Lindsay and Alex McKenzie opened their first store in Geelong selling dress fabrics, manchester and furnishings, and progressively established stores in Victoria, maintaining the policy "Half the Profit, Twice the Turnover". In 1968 Myer Emporium Ltd (now Coles Group, previously Coles Myer), purchased the chain of 14 stores with the idea of re-inventing the chain as a "discount department store", with the company subsequently renamed Lindsay's Target Pty Ltd. In March 1973, it was renamed Target Australia Pty Ltd. In August 1985, Myer Emporium Ltd and GJ Coles & Coy Ltd merged to become Coles Myer Limited. In 1996, Coles Myer merged the Target and Fosseys brands, and their first specialty store Baby Target was born. Then in 1998, their second specialty store, Target Home opened. Fosseys stores were later renamed Target Country, becoming the third specialty store. Year 1925 (MCMXXV) was a common year starting on Thursday (link will display the full calendar) of the Gregorian calendar. ... George Lindsay may refer to: George Henry Lindsay, a United States Representative from New York George Washington Lindsay, a U.S. Representative from New York and son of George Henry Lindsay Category: ... This article is about the Victorian city; the name may also refer to City of Geelong or Geelong city centre. ... VIC redirects here. ... Year 1968 (MCMLXVIII) was a leap year starting on Monday (link will display full calendar) of the Gregorian calendar. ... For the song by James Blunt, see 1973 (song). ... This article is about the year. ... Coles Myer Limited is an Australian public company which operates a number of retail chains. ... Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ... ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ...


In 2001 Target announced its first ever loss, to the sum of $43m. New senior management was put in place, following which Target repositioned itself from a discount department store (competing with Coles Myer stablemate Kmart and Woolworths Limited's Big W), to a more stylish, value-for-money alternative to a specialty stores.[citation needed] Store fittings and layouts were altered, with Target competing with retailers such as Jeans West, Sportsgirl, and other specialty stores targeted at the teenage, to early thirties market.[citation needed] Target's current managing director is Launa Inman, named Telstra Business Women of the Year in 2003, a result of her achievements as an apparel retail buyer for the company[citation needed]. Her position saw Target's $32 million loss at the end of 2000 into a $68 million profit 18 months later when Larry Davis (formally of Sears and Kmart USA) was at the helm.[1][citation needed] Kmart store at Kurralta Park in Adelaides western suburbs. ... Woolworths Limited is a major Australian company with extensive retail interest throughout Australia and New Zealand. ... Big W is the second largest discount department store in Australia, with over 120 stores located nationwide. ... Telstra Corporation (ASX: , NZX: TLS, NYSE: TLS) (formed from Telecom Australia) is an Australian telecommunications and media company under private ownership, with a dominant position in landline telephone services, a large share of mobile phone services, domestic consumer (including dial-up access, 50% of Broadband internet broadband cable modem, satellite...


Baby Target

Baby Target stores started appearing in 1996 as Target's first specialty store. They sell numerous baby-related products. Image File history File links BabyTarget. ...


The concept was not as successful as Target had anticipated[citation needed], and only one Baby Target store still operates at Golden Grove, South Australia (the one in Victoria at Northland, Preston closed in September 2007).


Fosseys and Target Country

Fosseys was established in 1926 at George Street, Sydney by Alfred Bristow Fossey and grew to 148 stores throughout Australia, with an annual turnover of $300 million. Coles Myer used the Fosseys brand to unify a range of smaller variety stores trading under a range of other names, including Coles Variety stores, which had been the foundation of GJ Coles & Coy Ltd. Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... The start of George Street in the historic Rocks district George Street is the main street of the city of Sydney, Australia. ...


Coles Myer merged the operations of Fosseys with Target in 1996, redesigning Fosseys stores to focus on family apparel and homewares. It also introduced Fosseys-branded merchandise with attributes of value, convenience and confidence, but by 2001, all Fosseys stores located close to Target stores were closed and the remaining Fosseys stores renamed Target Country.


As of July 1st, 2007, employees of Fosseys (Australia) Pty Ltd were transferred to Target Australia Pty Ltd, and Fosseys as a company name was dissolved. By November 2007, there are 119 Target Country stores throughout Australia.


Services

Target Australia provides the following services for their customers:

  • Layby
  • Rainchecks (On catalogue items only, does not apply if "no raincheck" is specified)
  • Price Check Points
  • Parcel Pick-Up
  • Home Delivery (service fee applies)
  • Inter-store Transfers (limitations apply)
  • Gift cards (Target exclusive and Coles Group)

Tag line

Target's marketing strategy employs the tag line "100% Happy", featured in-store and in advertising. Previously, the company used "We're Not Happy, Unless You Are", after "Target - for Fashion, Quality and Value".


Annual sales

Target has two major sales a year; its annual "Massive Home Sale" and the popular "Toy Sale" (which was previously marketed as "Australia's Biggest Toy Sale", but there was no way to validate this claim so it had to be removed) which is always held during July. Seasonal launches such as the "Denim Nation" and "Free Fusion" campaigns for clothing are also undertaken throughout the year.


Designers For Target

In March 2007, the exclusive Australian launch of the Stella McCartney designer collection, was heralded as one of the biggest retail coups of the year. Target engaged Stella McCartney to design a 42-piece winter collection and Australian media noted frenzied acitvity in Target stores on the morning of the launch.[2] A number of metropolitan stores had sold out of the range as soon as 10 minutes after opening. Items from the collection were appearing on sale on eBay at inflated prices within only a short times of stores opening. Stella Nina McCartney (born September 13, 1971) is an English fashion designer . ... This article is about the online auction center. ...


In May 2007 Target announced its next designer range from Josh Goot to a mixed reaction[3] Josh(ua) Goot (born January 1980) is an Australian fashion designer. ...


Pronunciation of the name

The name of the store is pronounced by some in a tongue-in-cheek manner as tah-ZHAY (IPA: [tʰaː.ˈʒæɪ]) because "French" clothing is perceived as "fashionable," although if it were actually a French name, a proper Francophone pronunciation would be tarh-ZHEH (IPA: [taʁ.ˈʒe]), with a uvular 'r' and an unaspirated 't'. Sarcasm is the making of remarks intended to mock the person referred to (who is normally the person addressed), a situation or thing. ... Articles with similar titles include the NATO phonetic alphabet, which has also informally been called the “International Phonetic Alphabet”. For information on how to read IPA transcriptions of English words, see IPA chart for English. ... Articles with similar titles include the NATO phonetic alphabet, which has also informally been called the “International Phonetic Alphabet”. For information on how to read IPA transcriptions of English words, see IPA chart for English. ...


References

  1. ^ Coles Group Full Year Stats (PDF). Coles Group Limited (2007-09-19). Retrieved on 2007-09-21.
  2. ^ Consumers flock to buy McCartney's Target designs. ABC The World Today (12 Mar 2007). Retrieved on 2007-08-21.
  3. ^ Can Josh Goot do a Stella?. Daily Telegraph (20 May 2007). Retrieved on 2007-08-21.

Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 264th day of the year (265th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 233rd day of the year (234th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 233rd day of the year (234th in leap years) in the Gregorian calendar. ...

External links

  • Target
  • Designers For Target

  Results from FactBites:
 
Target (Australia) - Wikipedia, the free encyclopedia (452 words)
Target Australia Pty Ltd is an Australian company that operates the 250-store Target department store chain.
The small difference in the name is the use of lower case letters in the name vice all upper case in the United States, and the addition of a period at the end.
In 1996, Target Australia and Fosseys merged together, and their first speciality store Baby Target was born.
Target Corporation - Wikipedia, the free encyclopedia (4537 words)
On August 9, 2004, Target announced to their suppliers that they were going to perform a trial on the effects of radio frequency identification on the efficiency of supply chain management in the Dallas/Fort Worth Metroplex.
Target holds a conscience clause that allows employees to refuse to dispense medication based on religious beliefs; however, the employee must ensure that the prescription is filled by another pharmacist in a timely manner.
Target has recently come under fire for firing 39 year old pharmacist Heather Williams, who based on her religious beliefs could not in good conscience refer a customer to one of the other Target Stores that would dispense the Emergency Contraceptives as stated in their conscience clause.
  More results at FactBites »

 
 

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