TROY, Mich. -- In an apparent bid to shore up its food-retailing expertise, Kmart Corp. here last week said Ronald J. Floto, former chairman, president and chief executive officer of Kash n' Karry Food Stores, Tampa, Fla., would become president of its Super Kmart Centers operation and a corporate executive vice president.
The appointment was an element of a restructuring effort that Kmart said involves the closure of 110 of its discount stores by February and the elimination of 6,000 jobs, ...
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