Who Owns Kmart Australia?

What does Wesfarmers own?
Wesfarmers owns Bunnings Warehouse (home improvement retail), Kmart, Target Australia, Officeworks, Wesfarmers Health (including Priceline Pharmacy, Clear Skincare, Soul Pattinson Chemist, Silk Laser Clinics), Blackwoods (industrial supplies), Workwear Group, WesCEF (chemicals, energy, fertilisers), and Catch (online marketplace). The company also holds a 50% stake in the Covalent Lithium joint venture (Mt Holland lithium project) in Western Australia with SQM.

Is Wesfarmers publicly traded?
Yes, Wesfarmers Limited is listed on the Australian Securities Exchange under ticker WES. The company has been publicly listed since 1984, having converted from a cooperative structure. Wesfarmers has a broad institutional and retail shareholder base with no single controlling shareholder, and is owned by more than 480,000 shareholders.

What is Wesfarmers' annual revenue?
Wesfarmers reported revenue of A$45.7 billion for fiscal year 2025 (ended June 30, 2025), up 3.4% from A$44.2 billion in FY2024. Net profit after tax was A$2.93 billion, up 14.4% year over year. Earnings before interest and tax totaled A$4.47 billion, up 11.9%. The company declared a full-year ordinary dividend of 206 cents per share plus a capital management distribution of 150 cents per share.

Who founded Wesfarmers?
Wesfarmers was founded in 1914 in Perth, Western Australia as the Western Australian Farmers Cooperative, providing services and supplies to farmers. George James Brockman and Walter Harper were among the founding figures. The company converted from a cooperative to a publicly listed company in 1984, listing on the Australian Securities Exchange.

Where is Wesfarmers headquartered?
Wesfarmers is headquartered in Perth, Western Australia, Australia. The company has maintained its headquarters in Perth since its founding, reflecting its origins as a Western Australian farmers' cooperative. Wesfarmers operates businesses across Australia, New Zealand, and other countries.

How many employees does Wesfarmers have?
Wesfarmers employed approximately 118,000 team members as of June 2025, making it one of Australia's largest private sector employers. The company's largest division by headcount is Kmart Group with approximately 38,000 team members. Wesfarmers employed 4,163 Aboriginal and Torres Strait Islander team members as of June 2025.

Who is the CEO of Wesfarmers?
Rob Scott has served as Managing Director and CEO since 2017. The board is chaired by Michael Chaney, who is scheduled to be succeeded by Ken MacKenzie from the conclusion of the 2026 Annual General Meeting. Under Scott's leadership, Wesfarmers has expanded into health through the API acquisition and lithium through the Covalent Lithium joint venture.

What is the Bunnings UK failure?
Between 2016 and 2018, Wesfarmers attempted to expand Bunnings into the United Kingdom and Ireland by acquiring Homebase for approximately A$1.7 billion. The venture failed due to differences in the UK home improvement market and Bunnings's inability to replicate its Australian model. Wesfarmers exited the UK market, writing off the investment, which remains one of the most significant Australian retail expansion failures.