Joseph E. Antonini gave in to pressure from disgruntled Kmart Corp. shareholders Tuesday, resigning as president and chief executive officer of the nation's third-largest retailer. Antonini's ...

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 ...

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 ...

Kmart Corp. has been having troubles for so long–10 consecutive quarters of feeble earnings, the ouster of its chairman followed by an embarrassing search for a successor–that the departure of yet ...

Ousted Kmart Corp. chief executive Joseph Antonini blames his downfall on outsiders who refused to recognize that he already had put in place changes necessary to revive the ailing discount retailer.

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 ...

Prospective Kmart shoppers can turn their attention away from the Newington Cinemas site on the Berlin Turnpike. The Michigan-based Kmart Corp. has backed away from a plan to build a Super K store at ...