In another ominous development for Kmart Corp., a credit-rating agency Friday lowered its opinion of the discount retailer’s long-term debt, placing it just one notch above junk bonds. Duff & Phelps ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Troy-based Kmart Holding Corp., the retailer that ...

TROY, Mich. -- Kmart Corp. said it will stop contributing to its employees $1.4 billion pension plan, and add a profit-sharing retirement program.

asset-shedding Kmart Corp. for $112 million. percentage of sales, advertising and administrative fees. Kmart shares rose 1/2 to 14 3/4 on trading of 2.03 million shares, more than its three-month ...

The Kmart Corp. yesterday stripped its chairman, Joseph E. Antonini, of that title and gave it to one of the more outspoken board members, Donald S. Perkins. At a news conference at the company’s ...

Kmart Corp. says it will save $30 million in 1995 and $42 million annually afterward by merging its North Bergen, N.J., administrative facility into its Troy, Mich., headquarters. The move will ...