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 ...

Attention Kmart Shoppers: The discount merchandiser is bringing back its "BlueLight Specials" as part of a plan to try to revive its flagging fortunes. Kmart Corp. Chairman Charles C. Conaway ...

In a variation on the old "Man Bites Dog" headline, a shopper from Fulton, Md., announced yesterday that the Columbia Big Kmart had lured her away from the trendy Target store across the street. It ...

DETROIT -- Two former Kmart Corp. executives were charged with securities fraud yesterday for allegedly inflating the earnings of the now-bankrupt discount chain by $42.3 million two years ago. Enio ...

The Enron and Kmart bankruptcies demonstrate yet again that we can't depend on market analysts to keep us out of trouble. Yet, anyone with Internet access could have figured out that owning Enron and ...

Kmart s ex-CEO, Charles Conaway, has been ordered by the SEC to pay over $10 million for misleading investors about the company s financial position in the months leading up to its 2002 bankruptcy.

DETROIT -- After testimony from just two government witnesses, federal prosecutors heard enough to realize that they likely couldn't prove their case against two former Kmart executives accused of ...

Kmart Corp. posted a loss of $1.45 billion for the first three months of this fiscal year, the discount retailer's second consecutive quarterly deficit of more than $1 billion. Kmart's loss of $2.88 a ...

Kmart Corp.'s chairman and chief executive officer Jim Adamson says he never saw it coming. A board of directors's member since 1996, he said he was blindsided when the nation's fifth-largest retailer ...

DETROIT -- Kmart Corp. has an aggressive timeline for emerging from bankruptcy protection as early as the first half of 2003, although analysts say the retailer's recent sales performance offers scant ...