Business Services Industry
Week in Review.(Review)(Kmart will emerge from bankruptcy protection )
Crain's Detroit Business, October, 2002
Kmart still plans to emerge from bankruptcy by July target Kmart Corp. lost more money in September than it did in August, but the retailer says it should be able to emerge from bankruptcy protection next July. Troy-based Kmart (NYSE: KM), which filed for Chapter 11 protection Jan. 22, lost $176 million on sales of $1.97 billion in September, according to a report the retailer submitted Oct.
21 to the U.S. Securities and Exchange Commission. Kmart also issued a news release and said it expects to complete a comprehensive, five-year business plan by the end of the year. In the release, Kmart said it intends to file a plan of reorganization and a disclosure statement with the U.S. Bankruptcy Court in Chicago on or before Feb. 24. Ex-DCT owner makes deal to turn...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
