The decision to close these under-performing stores, which do not meet our financial requirements going forward, is an integral part of the company's reorganization effort, ... We are confident that doing so will provide the company with a healthier, more productive store base. |
We are determined to complete our reorganization as quickly and smoothly as possible, while taking full advantage of this chance to make a fresh start and reposition Kmart for the future, |
We look forward to resuming our critical business relationship with Fleming once we work through these financial issues and are able to provide Fleming with adequate assurance of payment, |