TROY, Mich. -- Kmart here has signed Floyd Hall to a new three-year contract as the discounter's president and chief executive officer, extending his leadership of the Troy, Mich.-based discounter to October 2001, the company said.
in the store prototype, particularly the introduction of the Big Kmart format; improvements in the quality of the merchandise, and the restructuring of the company's balance sheet, which has brought Kmart some credibility on Wall Street.
Terms were not disclosed, and Hall was not available to comment.
