Trying to emerge from bankruptcy protection by April and boost cash flow, struggling discount giant Kmart Corp. said it will shutter 326 stores and slash 37,000 jobs. If the bankruptcy court approves ...

ROYAL OAK, Mich. -- Kmart Corp. said Monday it will eliminate nearly 700 more jobs in another round of cost-cutting as the troubled retailer tries to climb its way out of bankruptcy. The cuts include ...

DETROIT – Kmart Holding Corp. said Tuesday it was cutting about 200 jobs at its headquarters as part of ongoing streamlining efforts. The Troy-based company also lowered the maximum number of stores ...

The Troy, Mich.-based retailer, which filed for Chapter 11 bankruptcy more than a year ago and plans to emerge by April 30, said it needs fewer workers at its corporate headquarters – where most of ...

On Friday, Charles Conaway, the chief executive of Kmart, announced that 22,000 company employees would lose their jobs. On Saturday, he became one of them. Kmart revealed Conaway's departure ...

NEW YORK – Discount chain Kmart Corp. on Friday said it will close 284 of its 2,114 stores and cut 22,000 jobs as part of its restructuring under Chapter 11 bankruptcy, resulting in a charge of $1.1 ...

DETROIT — Kmart Corp. offered early retirement to 28,500 workers yesterday, as it posted disappointing results for the third quarter. The employees represent 11 percent of Kmart’s work force. The bulk ...