Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Kmart Plans to Emerge from Bankruptcy in 2003
Oct 22, 2002
 Printable format
 Email this Article
 Search

Kmart Corp. said it plans to emerge from bankruptcy protection by July 2003 as the discount retailer stemmed sales declines at stores open at least a year. A reorganization plan will be filed with the bankruptcy court in Chicago, IL, U.S. by Feb. 24, the company said. The retailer previously had said mid-2003 would be an "aggressive" goal and that the reorganization might extend through early 2004.

Kmart had a loss of U.S. $176 million in September, bringing its
total loss since filing for Chapter 11 protection in January to
about $2.7 billion. Same-store sales declines slowed to 6.9
percent in September and have improved through the first half of
October, the discount retailer said in a statement.

Back to Daily News

 

Daily News

...........................................................

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows