Kmart to close 72 stores including Princeton outlet
Kmart Corporation will shutter 66 traditional Kmarts and six Super Kmarts in 28 states, including the Princeton store that employs about 50 people. The move affects roughly 5,000 workers, with most closures by November 1 and a $740 million restructuring charge in the second quarter. The firm cites location and expansion limits and calls for transfers and reassignment to other Kmarts.
MENTIONED IN THIS ARTICLE
Princeton
Kmart Corporation
Kmart
Kmarts
Steve Pagnani
Stocks Rise on Earnings Amid Inflation Fears
U.S. stocks edged higher as solid second quarter earnings from AT&T and Texas Instruments boosted tech shares. The Dow gained 14.85 to 10,699.97, the S&P 500 added 10.18 to 1,474.47, and the Nasdaq rose 48.00 to 4,029.57. Strong results offset inflation worries as existing home sales rose 2.8 percent in June, signaling continued economic strength and potential Fed rate hikes next month.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
NASD
SIPC
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
Arch Coal
Ashland Oil Inc
BP Amoco
Baker-Hughes Inc
Constell Energy
Bank OF America
Verizon
Bellsouth Corp
Bethlehem Steel
Boeing CO
Viacom
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
CSX Corp
CVS Corp
Daimlerchrysler AG
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Mobil
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Delhaize America
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Tech
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
UPS
Pharmacia Corp
Mylan Labs
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
BB &T
J.C. Penney CO
Pennzoil CO
Pepsico Inc
PECO
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
Rite Aid Corp
Sears Roebuck
Sherwin Williams
Shoney's
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
New York
Standard & Poor
At&t
Texas Instruments
Wall Street
National Association of Realtors
Also Mentioned on This Page
Em Money
Mohammad Javed Rana, M.D
FACC
Cherry Street
Bluefield
Mon
Courthouse Road
Jody Neal
The
Daily Telegraph
Wal- Mart Stores Inc
Target Corp
U.S
Federal Reserve
PE Cuan
RoacFinceton
Airway Motel
Price A
Mountaineer
Athens Road
Pia Mielelg
le Tran
Beaver
Beckley
Oak Hill Yd
Gaard Leh
Lewisburg
Omai
Hill Meer Reo
PUA
Cellular
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!