WWD.com/beauty-industry-news/financial/kmart-to-take-1-3b-charge-to-close-move-enlarge-stores-1153019
financial
financial

Kmart To Take $1.3B Charge To Close, Move, Enlarge Stores

NEW YORK -- Kmart Corp., struggling to strengthen its discount store division, said it will take a $1.3 billion charge ($850 million after-tax) to substantially enlarge its store modernization program.The charge excludes after-tax charges of...

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