TITLE

Surprise vote means Borders-Walden to remain part of Kmart--for now

AUTHOR(S)
Milliot, Jim; Baker, John F.
PUB. DATE
June 1994
SOURCE
Publishers Weekly;6/13/1994, Vol. 241 Issue 24, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Kmart Corp.'s failure to gain shareholder approval for its plan to sell minority stakes in four of its specialty units. Reaction of people who support and oppose the plan; Kmart management's expected proposal to devise a new strategic plan for the troubled retail operation; Units included in Kmart's plan; Proposal of shareholders who are against Kmart's original plan.
ACCESSION #
9407130260

 

Related Articles

  • Kmart takes Manhattan. Vangen, Clara M.W. // Buildings;Mar1997, Vol. 91 Issue 3, p59 

    Reports on Kmart Corporation's move to One Penn Plaza building in Midtown Manhattan, New York City as it offers consumers to accessibility to traditional stores. Information on the store's displays and merchandise; Background on the store; Comments from Myles Johns, general manager of Manhattan...

  • New Kmart store slated for Fajardo. Ryan, Frances // Caribbean Business;4/13/1995, Vol. 23 Issue 15, p8 

    Reports on the construction of a new Kmart Corp. store in Fajardo, Puerto Rico. Building description; Design guidelines; Comments from industry executives.

  • Kmart down to six ad agency contenders.  // Discount Store News;1/16/95, Vol. 34 Issue 2, p2 

    Reports that Kmart has named the six advertising agency candidates that will compete for its corporate image account.

  • Kmart goes on line with interactive shopping.  // Discount Store News;1/16/95, Vol. 34 Issue 2, p3 

    Reports that in December 1994, Kmart debuted the industry's first on-line, at-home shopping service in a test program in Phoenix, Arizona. Test of first at-home catalog shopping program; Products offered; Order and delivery procedure; Home health care catalog.

  • Builders Square shuts units, slows growth.  // Discount Store News;1/16/95, Vol. 34 Issue 2, p6 

    Reports that Kmart is closing 15 poorly performing stores and slashing in half its rate of modernization of older stores as part of a move to make its Builders Square subsidiary more marketable.

  • Kmart tries to calm market jitters.  // Discount Store News;11/20/95, Vol. 34 Issue 22, p3 

    Reports on the stock market jitters over Kmart's declaration of some put or payback provisions on real estate debt. Sharp drop in its stock price; Delayed release of its third quarter results; Kmart's response to the Wall Street speculations.

  • Bets on new execs to boost confidence. Liebeck, Laura // Discount Store News;1/1/96, Vol. 35 Issue 1, p1 

    Reports on the three executive appointments made by Kmart to help it bolster its position in the marketplace. Warren Flick as president and general merchandise manager of U.S. Kmart Stores and executive vice president of Kmart Corp.; Martin Welch III as chief financial officer; Joseph Collins...

  • Kmart stocks up on top talent; 9 posts filled. Liebeck, Laura // Discount Store News;3/4/96, Vol. 35 Issue 5, p1 

    Reports on the initiatives undertaken by Kmart to lift its prospects for the future. Recruitment by the company of executives from Sears and Dayton Hudson; Mailing by Kmart Chairman, Chief Executive Officer and President Floyd Hall of letters to vendors outlining the company's progress; Change...

  • Kmart to close stores.  // Discount Store News;3/4/96, Vol. 35 Issue 5, p2 

    Reports on Kmart's closure of 15 underperforming stores in May 1996.

  • Federal marshals raid two Kmart units.  // Discount Store News;3/4/96, Vol. 35 Issue 5, p2 

    Reports on federal marshals' seizure of $45,000 from cash registers in two Kmart stores to guarantee a federal jury award to three former employees who won an age discrimination suit against the company.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics