Kmart announces it will close 284 money-losing stores 

Mar 8, 2002, Joel Groover

Kmart Corp. today said it will shutter 284 under-performing stores and slash 22,000 jobs as part of its Chapter 11 reorganization plan. The Troy, Mich.-based...

Retailers report strong February numbers as Greenspan declares economic recovery "well underway" 

Mar 7, 2002, Joel Groover

Amid speculation the economic downturn is over, major retailers including Target, J.C. Penney and Ross today announced stronger-than-expected February...

HOT TOPIC: Crossing the insurance gap 

Mar 1, 2002, Ben Johnson, Editor-in-Chief

In the wake of Sept. 11, shopping center owners are caught between drastically higher insurance premiums and the ability to pass those costs on to cash-strapped tenants....

Eaton’s name to vanish from Canadian retail scene 

Feb 19, 2002

Sears Canada announced it will convert its seven Eaton’s stores to the Sears brand, a move that will eliminate a 133-year-old retail icon from the Canadian...

Reports: Kmart to release list of store closings by March 11 

Feb 19, 2002, Staff and wire reports

Kmart Corp. reportedly plans to release a list by March 11 of the stores it wants to close as part of its ongoing restructuring efforts. According to...

Paper: Kmart to close 291 stores 

Feb 13, 2002, Staff and wire reports

Citing a list of "unknown origin," The Detroit Free Press reported Tuesday that Kmart Corp. plans to close 291 stores across the country as part of its...

Paper: Kmart to close 291 stores 

Feb 13, 2002, Staff and wire reports

Citing a list of "unknown origin," The Detroit Free Press reported Tuesday that Kmart Corp. plans to close 291 stores across the country as part of its...

HOT TOPIC: Shopping for stability 

Feb 1, 2002, Steve Bergsman

Kmart plans to announce store closings next month 

Feb 1, 2002, Staff and wire reports

Kmart Corp. plans to announce next month which stores it wants to close under its ongoing bankruptcy reorganization. The retailer’s top attorney, John...

Poll: Consumers prefer Wal-Mart and Target over Kmart 

Jan 31, 2002, Staff and wire reports

A USA Today/CNN/Gallup poll released today appeared to provide evidence that Kmart’s troubles run much deeper than a few under-performing stores. Pollsters...