TROY, Mich. -- Kmart's new grocery chief Dick King said in an interview with SN last week that improving the discount-store chain's management of its food inventory is at the heart of his mission. A 36-year veteran of Albertsons who was president of the Boise, Idaho-based supermarket chain from 1996 to 1999, King said he hopes to smooth the food-distribution process at Kmart, which has long had a reputation for out-of-stocks, analysts said. "We want to improve the sales, the operational ...

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