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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jan 26, 2002

Page

7

Would consumers really miss Kmart if it went away

EW YORK AP would consumers miss Kmart if it went away Capri DeMarco a mother of three from Duanesburg NY says no their customer service rots Wal Mart has taken over Shoppers say Kmart must change fast during Chapter 11 proceedings analysts predict liquidation risk Ames and Montgomery Ward faded Caldor disappeared and Merry Go Round collapsed Kmart plans to evaluate store performance and lease terms by quarter end potentially closing 250 to 700 of its 2100 stores Martha Stewart and other exclusive brands remain key assets backing its position in the shrinking discount sector

EW York Kmart Capri DeMarco Duanesburg N.Y Wal- Mart Wal-Mart DeMarco Bradlees Montgomery Ward Ames Department Stores Ames Caldor Merry-Go- Round Enterprises Conor Reilly New York Gibson, Dunn & Crutcher Merry-Go-Round Gap Abercrombie & Fitch American Eagle Outfitters Target Kohl’s Martha Stewart Sesame Street Jaclyn Smith Michele Tekler Wausau Wis Tekler Kmarts

Market unfazed as rate cuts near end of path

Wall Street ignored Greenspan remarks signaling fewer rate cuts. Investors await concrete signs of an economic rebound amid lackluster fourth quarter results and cautious forecasts. Markets hinge on ISM and Labor Dept data, with Cisco and retailers eyed for clues.

New York Federal Reserve Alan Greenspan Wall Street Fed Robert Streed Northern Select Equity Fund Chicago Greenspan Institute of Supply Management Labor Department Larry Wachtel Prudential Securities

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