Kmart Corp. filed its official restated earnings for the first three quarters of 2001, reflecting changes in the way it reports vendor discounts. The first-quarter net loss is $233 million, restated ...

Kmart Corp. said Wednesday that its loss ballooned to $2.42 billion in 2001 after it restated results for the first three quarters, following an accounting investigation. Separately, Federated ...

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 ...

Two former Kmart executives were charged with securities fraud Wednesday for allegedly inflating the earnings of the now-bankrupt discount chain by $42.3 million in 2001. Enio Montini Jr. and Joseph ...

Target Corporation is filing a lawsuit today in U.S. District Court in Minnesota charging Kmart Corporation with perpetrating a nationwide false advertising campaign. A leading market research firm ...

One year after filing the largest retail bankruptcy, Kmart Corp. revealed Friday that a months-long internal review showed that some former managers violated their responsibilities to the company.

Kmart s heavy losses for the 13-week period ended May 1, the first full quarter since the discount retailer filed for federal bankruptcy protection, are the result of reorganization items, notably its ...

DETROIT (AP) _ Bankrupt retailer Kmart Corp. posted a loss of $383 million in the third quarter, as sales lagged and the company fought to rebound from its Chapter 11 filing. Kmart also reported its ...