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Kmart Opens New York Design Office

TROY, Mich. - Kmart Holding Corp. here announced this week that it's opening a Kmart Design Group Office in New York to design new products for the mass merchandiser.

The office, located at 111 8th Avenue, is the first product design presence Kmart has held in New York and is home to Lisa Schultz, s.v.p. and chief creative officer, and her team of designers.

In the fall of 2004, Kmart will unveil its first collection that has been entirely refocused and redesigned in-house by the Kmart Design Group. With a focus on quality and style, the design team will redefine Kmart's exclusive brands and offer customers an even wider range of products, all at a great value.

Lisa Schultz joined Kmart in September 2003 as s.v.p. and chief creative officer, a newly created position, and is responsible for the creative vision of Kmart. Prior to her position at Kmart, Schultz was e.v.p. of product development and design at Gap, Inc. for 14 years and has held executive positions at Ralph Lauren and Calvin Klein.

Schultz's design team, led by divisional v.p.'s June Beckstead, Orlando Carreras, Matthew Morris, and Kim Omae, officially opened the office March 18.
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