CHICAGO - Kmart Corp. said today its new management needs more time to prepare the bankrupt retailer's 2001 annual financial report because it may need to restate quarterly results after an accounting ...

The holiday shopping period didn t help Kmart rebound at all either. In its statement, the company said that for the five-week period ended January 2, 2002, the close of its fiscal year, net sales ...

TROY, Mich. -- Kmart Corp. here said last week it will record charges of $600 million to $800 million in first-quarter 2002 for the 283 stores the company announced in March that it would close.

MOLINE, Ill. — Editor's note: This is part of a series looking back at stories out of the WQAD archives. This particular report was filed on November 22, 2001 by reporter Vanessa Van Hyfte. The ...

Kmart Corp. filed its official restated earnings for the first three quarters of 2001, reflecting changes in the way it reports vendor discounts. The first-quarter net loss is $233 million, restated ...

Kmart Corp. said Wednesday that its loss ballooned to $2.42 billion in 2001 after it restated results for the first three quarters, following an accounting investigation. Separately, Federated ...

TROY, Mich. (CBS.MW) -- Kmart Corp. racked up a whopping $2.42 billion loss in the fiscal year ended Jan. 31, the bankrupt retailer said late Wednesday. The tally came after the discount retailer ...

Reaction to the commercial has been split though. Kmart's Facebook has been flooded with comments, such as the following: "No, I don't ‘like' ! In fact, I'm glad you don't have a store near me! I ...

The retailer’s former stores are being used by tenants that might not typically get a crack at such a large haul of commercial space at an affordable price. By Kevin Williams When Kmart opened its ...

Yet another K-mart ad is creating a stir online. The ad is called Show Your Joes, and advertises Joe Boxer boxer shorts. It starts with six guys in tuxedo tops behind a curtain -- but Kmart is taking ...