Kmart Group boss Ian Bailey says the discount retailer is also a product developer.Credit:Wayne Taylor
Kmart has been reaching young shoppers via social media,and in a presentation,the company said it had generated 3.3 billion impressions across search and social media platforms in the 12 months to December.
“Beauty and storage are examples of existing categories where we are looking to build out our current range,” Bailey said.
“Beauty is a category where we see a strong consumer demand for value,especially among younger customers.”
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Social media content about Kmart’s storage solutions has boomed in recent years,with TikTok content creators making clips about the group’s organisation products garnering millions of views.
“Storage is a category where our products,delivered with design and value in mind,have historically been well received by customers – but further opportunities exist to expand the breadth of the offer,” Bailey said.
Kmart has been a beneficiary of rising costs of living and revenue for Kmart Group,which includes fellow discount retailer Target,hit $5.7 billion for the six months to February.