Kmart Has Happy Holiday
January 10, 2005,
Boosting its overall profit outlook for the all-important Christmas quarter, Kmart reported strong profitability and cash generation during the holiday season, along with an improving same-store sales picture.
“Kmart has taken actions on many fronts to reset baseline sales at a level that forms the basis for profitable growth,” said Aylwin Lewis, CEO. “It is our intention to maintain a substantial base of sales and be significantly profitable at the same time.”
Related Content By Author
1200 Suppliers are Ready for You at Intertextile Shanghai
Home & Textiles Today eDaily
Most Viewed Articles
See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.