Business
Kmart Corp. edged closer to Bankruptcy Court on Monday after its sole supplier of groceries halted critical shipments to the nation’s second-largest discount retailer.
Jan. 22, 2002
World & Nation
Kmart is courting a Christmas controversy with a naughty new holiday commercial showing men dressed in colorful boxers shaking their shorts -- and everything therein -- to the tune of “Jingle Bells.”
Nov. 20, 2013
Retail: Filing is expected to result in the closure of hundreds of stores and an unknown number of jobs lost.
Jan. 23, 2002
The closures, part of its plan to emerge from Chapter 11, will include 19 stores in California and cut 2,287 jobs in the state.
Jan. 15, 2003
Struggling retailer Sears Holding Corp. said Thursday it will close 68 Kmart stores and 10 Sears stores this summer, including four Kmarts in California.
April 21, 2016
In a move to give it more time and resources to revive its operations, Kmart Corp. said Wednesday that it eliminated its stock dividend and reached agreements with bondholders to defuse a potential crisis that analysts said could have forced a bankruptcy filing.
Dec. 21, 1995
Kmart will close three stores in California in March and April, a company spokesman said Wednesday amid reports of a number of other Kmart closures across the nation.
Jan. 15, 2016
Kmart Corp. has big hopes for Big K, redesigned discount stores touted in splashy commercials by Rosie O’Donnell, Bob Hope and Big Bird.
Feb. 20, 1998
Retail: Sixteen outlets will close in California, with more closures predicted nationwide. 22,000 will lose jobs.
March 9, 2002
Embarking on a New Year’s self-improvement program of grand proportions, Kmart Corp., the nation’s second-largest retailer, said Wednesday that it will accelerate its chain-wide overhaul by relocating and refurbishing hundreds of stores, closing dozens of others and selling pieces of its book, home improvement, sports and office supply retail chains.
Jan. 6, 1994