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Australia’s Wesfarmers to shut or rebrand over 100 Target stores in virus slump

Australian retail giant Wesfarmers Ltd said it will close or rebrand nearly two-thirds of its Target department stores and take one-off charges totalling up to A$650 million ($426 million) as it reels from the coronavirus fallout.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300