Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Kmart Corporation


Related Topics

In the News (Mon 21 Apr 14)

  
  Kmart Corporation - Wikipedia, the free encyclopedia
Kmart Corporation was a US based corporation until it merged with Sears Holdings in November 2004.
Kmart became known for its "blue light specials": at surprise moments, a store worker would light up a mobile police light and offer a discount in a part of the store.
Kmart introduced a new prototype store with a new logo, layout and color scheme (lime green and gray) in 2002 in White Lake, Michigan.
en.wikipedia.org /wiki/Kmart_Corporation   (911 words)

  
 Sears Holdings Corporation - Wikipedia, the free encyclopedia
On November 17, 2004, Kmart Corporation announced its intentions to purchase Sears, Roebuck and Company; the purchase was billed as a merger of equals.
The establishment of a shared customer-focused corporate culture between the two companies was estimated to yield improvements in revenue per unit area.
Because Kmart Corporation changed its name to Sears Holdings and because it is converting some Big Kmart stores to Sears Essentials stores as a test, there is speculation that Sears Holdings may drop the Kmart name all together in the next decade.
en.wikipedia.org /wiki/Kmart_Corp   (3078 words)

  
 Van Hattem v. Kmart Corp.
Kmart requested that the circuit court submit to the jury a special interrogatory asking, "Was the contributory negligence of Hazel Van Hattem a proximate cause of Ernest Van Hattem's injuries?" The court refused because the interrogatory was not "controlling" as to the general verdict or the recovery of damages generally.
Kmart contends that the circuit court abused its discretion in denying its motion in limine and allowing admission of the prescription bottle and its contents in evidence because plaintiffs did not establish a proper foundation for their admission, having been unable to prove a proper chain of custody.
Kmart claims that the circuit court erred in allowing admission of the five-milligram Coumadin pills absent evidence that those pills remained "unchanged" or were in the same condition as when dispensed by Kmart.
www.state.il.us /court/Opinions/AppellateCourt/1999/1stDistrict/September/HTML/1982423.htm   (5199 words)

  
 Kmart Corporation
And, in fact, Kmart has never been found to be in violation of any human rights or labor laws in the manufacture of goods sold in our stores, primarily because we deal only with the most reputable vendors.
Kmart is strongly committed to full compliance with human rights and labor stan dards as related to the manufacturing of all merchandise sold at our stores.
As a vendor to Kmart, you must ensure that there is no misstatement as to the true country of origin of your merchandise, and that none of your merchandise is made in whole or in part using any child, forced or prison labor.
www.itcilo.it /english/actrav/telearn/global/ilo/code/kmart.htm   (699 words)

  
 [No title]   (Site not responding. Last check: 2007-11-07)
Kmart operates 105 "supercenters" that combine a full grocery, deli, bakery, and video rental along with the general merchandise selection of a discount store format, and these "supercenters" are open 24-hours-a-day, seven-days-a-week.
Kmart associates are being paid in the usual manner and their medical, dental, life insurance, disability, and other benefits are expected to continue without disruption.
Kmart's foreign subsidiaries are not covered by the filing and are operating as normal.
bankrupt.com /kmart.txt   (2214 words)

  
 Memorandum on Franchise Online Information
Kmart Corporation sought bankruptcy yesterday hoping to lend itself some time to pay back creditors while trying to reorganize its business.
Kmart's Chief Executive Charles C. Conway said, "After considering a wide range of alternatives, it became clear that this course of action was the only way to truly resolve the company's most challenging problems".
Kmart has a major decision to make of whether or not to file for chapter 11 bankruptcy in order to shut down poor performing stores and restructure about 4.7 billion dollars in debt.
oak.cats.ohiou.edu /~ap187000/esp/wsj.htm   (2162 words)

  
 Journal Gazette/Times-Courier Online   (Site not responding. Last check: 2007-11-07)
Kmart originally owed Winchester $4,204.19 before filing for bankruptcy in January 2002.
The United States Bankruptcy Court for the Northern District of Illinois absolved the corporation in 2004 of all tax debt to Winchester along with other municipalities, citing an apparent late filing for taxes by city officials.
A Houston law firm representing Kmart sent the city a copy of the court order along with an agreement for the settlement amount.
www.winchestersun.com /articles/2005/09/07/local_news/news07.txt   (330 words)

  
 Wednesday, January 02, 2002/Today's News: KMART CORPORATION SUPPLIER CREDIT RISK OUTLOOK   (Site not responding. Last check: 2007-11-07)
Kmart Corporation, as an equity and debt issuer, has suffered another blow to its ability to access capital markets at favorable prices after Wayne Hood of Prudential Securities went public on January 2, 2002 with his opinion that Kmart may file a bankruptcy petition sometime this year.
Kmart Corporation reported trade payables increased $718 million to $3,273 million, as of October 31, 2001 compared to the closing of the same period one year ago, an increase of 28 percent.
Kmart's previously announced plans to slash prices on 38,000 items was very likely based primarily upon efforts to maintain market share and was probably not a part of a solution that would properly coordinate prices, costs and volume in order to make profits.
www.ccr.faulknergray.com /news/010202_2.htm   (750 words)

  
 Responsible Shopper Profile:   (Site not responding. Last check: 2007-11-07)
Kmart marketed a line of garden hoses as having the capacity to prevent the growth of mold, fungus and bacteria.
Kmart is one of many prominent retailers that continue purchasing denim clothing from Tarrant, despite such reports.
Former Kmart divisional vice presidents Michael Frank and Albert Abbood neither admitted nor denied the allegations according to the SEC complaint.
www.responsibleshopper.org /basic.cfm?cusip=482584   (2139 words)

  
 Sears - Investor Relations - News Release
Lampert said, "The combination of Kmart and Sears is extremely compelling for our customers, associates and shareholders as it will create a powerful leader in the retail industry, with greatly expanded points of distribution, leading proprietary home and apparel brands and significant opportunities for improved scale and operating efficiencies.
The respective directors and executive officers of Kmart and Sears and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction.
Information regarding Kmart's directors and executive officers is available in its proxy statement filed with the SEC by Kmart on April 8, 2004, and information regarding Sears' directors and executive officers is available in its proxy statement filed with the SEC by Sears on April 30, 2004.
phx.corporate-ir.net /phoenix.zhtml?c=63737&p=irol-newsArticle&ID=644973&highlight=   (1770 words)

  
 Martha Stewart Living Omnimedia, Inc. Announces Kmart Corporation Files Action   (Site not responding. Last check: 2007-11-07)
Kmart now seeks to interpret the agreement in a manner that would require them to make minimum royalty payments for the remaining life of the contract based solely upon aggregate sales of licensed products.
In addition, Kmart seeks to reduce by approximately $1 to $2 million annually the amount it is obligated under the contract to spend with MSO on advertising in MSO media properties.
MSO believes that Kmart's interpretation is inconsistent with the terms of our long-standing contract, and therefore intends to defend this action and enforce the terms of the contract.
www.dezignare.com /whatshot/2004february/13.MSO.html   (312 words)

  
 [No title]
Kmart, the outgrowth of the old Kresge chain of nickel-and-dime stores, became the pioneer in discount retail merchandising when its first discount store opened in Detroit in 1962.
Kmart's general merchandise retail stores are present in 321 of the 331 Metropolitan Areas in the United States.
Kmart's desired customer group is women with children at home, in households with an annual income of $20,000 to $60,000.
www.public.iastate.edu /~asomani/Portfolio/KmartProject.doc   (900 words)

  
 Chimes Online - Kmart Corporation stock plunges 14 percent Tuesday   (Site not responding. Last check: 2007-11-07)
Stock of Kmart Corp. plunged close to 14 percent Tuesday, fueled by concerns over a possible bankruptcy filing amid a series of downgrades by analysts and investment rating agencies.
Kmart spokesman Jack Ferry confirmed that the company's board of directors was holding a previously scheduled meeting Tuesday and also held committee meetings Monday.
Kmart officials on Jan. 10 said the company would not meet Wall Street's consensus expectation for earnings of one penny per share for fiscal 2001 and suggested it may seek additional financing.
www-stu.calvin.edu /chimes/2002.01.18/cmm4.html   (550 words)

  
 MEDC Helps Attract Kmart's New High-Tech Center to Troy
Kmart Corporation selected Troy over Louisville, Kentucky, for their new high-tech development center that will spearhead the overhaul of corporate-wide information systems.
"Kmart, under the new leadership of Chuck Conaway, is making significant strides in restructuring their corporation for maximum profitability," Engler said.
Kmart Corporation is one of the world's largest mass merchandise retailers.
www.michigan.gov /formergovernors/0,1607,7-212-31303_31306-1992--M_2000_8,00.html   (550 words)

  
 Deneise and Starr -- Marketing370-Consumer Behavior
Kmart’s new international program under Tom Watkins started in Canada with a similar renewal program that was being launched in the United States.
Kmart operations in Mexico were started in 1993 through a joint project with Liverpool de Mexico, a large Mexican retailing corporation with 17 department stores and expertise in retail real estate development.
Kmart and other discounters are hoping that the convenience of the Internet along with low prices will expand their customer base to higher-income households.
www.voy.com /76047/42.html   (8091 words)

  
 Insurance - Kmart Corporation Order
The primary issue addressed at the conference was whether to proceed with the hearing scheduled for March 14, 2002 given Kmart's expressed desire to terminate its self-insurance plan voluntarily.
Although the Advocacy Panel characterized Kmart's self-insurer status as moot, Kmart has not yet submitted the written termination plan required of an employer electing to terminate its self-insurance program.
Because Kmart is electing to proceed with its decision to voluntarily terminate its self-insurance program and has agreed to file a written termination plan on or before April, 16, 2002, the Superintendent agrees with the parties that the hearing scheduled for March 14, 2002 may be dismissed.
www.maine.gov /pfr/ins/ins020502.htm   (392 words)

  
 WGAL.com - Local News - Press Release: KMART CORPORATION TO CLOSE 284 UNDERPERFORMING STORES BASED ON FINANCIAL ...
Kmart anticipates that the sales generated from store closings and related cost savings will enhance its cash flow by approximately $550 million in 2002 and approximately $45 million annually thereafter.
Kmart Corporation has asked the Bankruptcy Court to give final approval to the store-closing plan at a hearing in Chicago on March 20, 2002.
Kmart Corporation is a $37 billion company that serves America with more than 2,100 Kmart and Kmart SuperCenter retail outlets and through its e-commerce shopping site, www.bluelight.com.
www.wgal.com /news/1293682/detail.html   (740 words)

  
 Kmart Corporation Recalls Infant's Clothing Outfit   (Site not responding. Last check: 2007-11-07)
The snap fasteners on the front of the cardigan sweater and collar of the short sleeved top may detach from the garments creating a choking hazard for an infant.
The outfits can be identified by the hangtag, located underneath the left arm of the garments when sold, stating in part "Dept. 2116, M4311, Style 2129, Item 4200." The outfits were sold in two shades of blue with white and have airplane appliques on the sweater and short sleeved top.
CPSC learned of this problem when Kmart reported to the Commission that it had discovered 155 garments at various distribution centers with detached snap fasteners.
www.cpsc.gov /cpscpub/prerel/prhtml94/94058.html   (338 words)

  
 Kmart Holding Corporation   (Site not responding. Last check: 2007-11-07)
Kmart Holding Corporation was created in May 2003 as the publicly traded parent company of discount retailer Kmart Corporation.
The creation came on the heels of Kmart Corporation's emergence from bankruptcy.
Kmart's chairman Edward Lampert, founder of ESL Investments, owns nearly 53% of Kmart Holding's common stock.
www.buyblue.org /node/1281/print   (108 words)

  
 EchoMail | Testimonials | Case Studies
Kmart Corporation, a near-$40 billion company, serves America with more than 2,100 Kmart and Kmart supercenter retail outlets.
Kmart is the #2 discount retailer in the US that sells name-brand and private-label general merchandise (including its popular Martha Stewart Everyday label and Route 66 clothing).
Given this problem, Kmart was about to sign a deal with a vendor for system that would take six months to deploy.
www.echomail.com /testimonials/casestudies/kmart.asp   (340 words)

  
 Kmart Corporation Jobs - Employment Opportunities at Monster.com   (Site not responding. Last check: 2007-11-07)
They are either Kmart stores - offering general merchandise, or Kmart Super Centers - where you will find a combination of groceries and general merchandise.
Regardless of the name on the door, the Kmart belief system is the same: our ultimate responsibility is to the customers who buy the products we sell.
Kmart offers competitive salaries, outstanding benefits, on-going training programs - even associate discounts.
company.monster.com /kmart   (359 words)

  
 NCR - 1,000th Kmart Store Installs NCR Self-Checkout in Miami   (Site not responding. Last check: 2007-11-07)
Kmart Corporation is a near-$40 billion company that serves all 50 states, the Caribbean Islands and Asia Pacific with more than 2,100 Kmart and Kmart SuperCenter retail outlets.
Kmart gives back to the communities it serves through Leaders in Learning, an aggressive corporate giving and community outreach initiative focused on supporting diverse education programs and promoting lifelong learning.
Kmart associates also provide their most valuable resource andmdash; time andmdash; every day in their local communities.
www.ncr.com /media_information/2001/nov/pr111501.htm   (549 words)

  
 DSstar: Kmart Expands NCR Data Warehouse to 70 Terabytes   (Site not responding. Last check: 2007-11-07)
NCR Corporation and Kmart Corporation announced plans to upgrade and expand Kmart's NCR data warehouse to 70 terabytes in size.
A member of NCR's Terabyte Hall of Fame, Kmart's data warehouse is one of the largest of the 220 terabyte or larger systems NCR has installed to date.
NCR Corporation is a US$6.2 billion leader in providing Relationship Technology solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets.
www.taborcommunications.com /dsstar/00/1003/102254.html   (294 words)

  
 WASHINGTON, D.C. - Responding to Kmart Corporation's announcement of their intentions to close over 300 stores ...   (Site not responding. Last check: 2007-11-07)
WASHINGTON, D.C. - Responding to Kmart Corporation's announcement of their intentions to close over 300 stores nationwide, Senator Jay Rockefeller (D-WV) urged the discount chain's CEO to reconsider the decision to shut down their store near Kimball, West Virginia.
Kmart officials indicated on Tuesday that their plans for massive closures reflected their desire to radically rethink their retail strategy in an effort to emerge from bankruptcy by the end of April.
Kmart is scheduled to appear in U.S. Bankruptcy Court later this month in Chicago.
rockefeller.senate.gov /news/2003/pr011703.html   (281 words)

  
 Big KMart to Locate Store at The Shops at West Seneca
Kmart will significantly enhance this project, the attractiveness of this location to other businesses, and the quality of life in our community.
Kmart’s established retailing prowess, offering competitive prices, quality merchandise, and convenience will be well received at this new facility.
The Kmart announcement follows an announcement of a 22 screen state-of-the-art Loews Theaters complex to be built by the Sony Corporation.
www.westsenecadevcorp.org /Kmart.html   (601 words)

  
 Globeinvestor.com: Kmart Holding Corporation Announces Fourth Quarter and Full Year Results
Kmart's cash balance on January 26, 2005 was approximately $3.4 billion, exceeding prior expectations of $3.2 billion and an increase of approximately $1.3 billion over the prior year.
Kmart Holding Corporation and its subsidiaries (together, "Kmart") is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands that include Thalia Sodi, Jaclyn Smith, Joe Boxer, Martha Stewart Everyday, and Route 66.
Kmart undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances after the date such statements were made.
www.globeinvestor.com /servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20050309&archive=prnews&slug=2005_03_09_08_1312_1325331   (2011 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.