TROY, Mich. -- Kmart Corp. here said last week it hopes to strengthen its financial performance by enhancing the productivity of its store base, reducing inventory and upgrading information systems. The company's plan calls for the closing of 72 stores, including six supercenters; an acceleration of planned inventory reductions, and an upgrade of its information, distribution and logistics systems. Those initiatives were the first concrete actions taken by Charles Conaway since he was ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.