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Kmart Announces Changes in Top Management
TROY, Mich. - Kmart Corporation today announced that James B. Adamson has been elected non-executive chairman of the board of directors effective immediately, and will serve as the principal liaison between the board and the company's senior management. -
Kmart Board Meets to Discuss Financial Options
CHICAGO - The Kmart Corp. board of directors met on Tuesday to discuss financial options, possibly even bankruptcy, as the company's stock closed near a 34-year low, Reuters reports.