After an external investigation Target has confirmed that it was over-inflating profits through complex accounting reconciliations and using rebates from suppliers.  This places further strain on the brand which is suffering compared to its sister rival Kmart. Coupled with the collapse of listed Dick Smith earlier this year this is a challenging time for these large super Australian brands.  Yesterday in the UK discount department store BHS went into administration after years of woe, despite efforts to realign its brand.  It is not only the SME retailers who are feeling the squeeze in the current climate.