TROY, Mich. -- Kmart Corp. here said last week it plans to close 60 of its 117 Super Kmart Centers -- a possible prelude to shuttering the remaining 57 locations, industry sources told SN. "There's just a basic lack of interest in the food piece of the business," one executive told SN. "Julian Day [Kmart president and chief operating officer] tried to do all he could to make the supercenters successful, but James Adamson [Kmart chairman and chief executive officer] ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.