NEW YORK -- Make way for Kmart, the comeback kid. That was the message from a pumped-up Charles Conaway, chairman and chief executive officer of the $40 billion chain, who offered up a detailed assessment of his first 240 days as CEO. Conaway chose the relaunch of the famous BlueLight Special at the trendy W Hotel here to outline a retail revival that started with a "deep dive" review of the business in June when he joined the lumbering giant. To hear Conaway tell it, Kmart is in the ...

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