TROY, Mich. -- Kmart Corp. here is preparing to embark on a substantially revised store-modernization program, which includes the continued rollout of the the Super Kmart Center grocery format but with a reduced number of openings. Kmart, the nation's second-largest retailer, said last week it would take an after-tax charge of $850 million in the fourth quarter, primarily to cover the costs related to its plan to replace smaller stores with larger ones. As part of its modernization and ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.