Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

The Short List Of Kmart Contenders


In Business This Week

THE SHORT LIST OF KMART CONTENDERS

ATOP KMART'S SHOPPING LIST: a new CEO. Embattled executive Joseph Antonini resigned on Mar. 21, nine months after a shareholder revolt at the annual meeting. One possible replacement is Ronald Floto, a Kmart executive vice-president who was elevated to interim chairman of the company's executive committee. Other candidates: Michael Bozic, CEO of Hills Stores, and Robert Nakasone, president of New Jersey-based Toys `R' Us and a onetime protege of Kmart Chairman Donald Perkins. Whoever wins likely will have an easier time than Antonini. Kmart already has axed nearly 1,000 workers from its headquarters staff and sold off specialty businesses such as Sports Authority and OfficeMax.EDITED BY KEITH H. HAMMONDS


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus