Retail Industry
Industry: Email Alert RSS FeedKmart cuts hint of future strategy - Plans to emerge from bankruptcy this spring
DSN Retailing Today, Jan 27, 2003 by Debbie Howell
RELATED ARTICLE: ATTENTION KMART WATCHERS!
HOW THE CLOSINGS ALTER THE CHAIN'S SIZE AND SCOPE
BEFORE
* 1,829 stores
* (1,712 discount stores; 117 supercenters)
* 205,400 employees
* 50 states, Puerto Rico, Guam, U.S. Virgin Islands
* Estimated sales = $31.2 billion
* Nation's No. 2 discounter (in sales)
AFTER
* 1,505 stores
* (1,448 discount stores; 57 supercenters)
* 168,400 employees
* 49 states, Puerto Rico, Guam, U.S. Virgin Islands
* Estimated sales = $25 billion
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* Nation's No. 3 discounter (in sales)
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