Tuesday, October 4, 2016

Eddie Lampert: Kmart is not closing

Don’t believe the rumors. Kmart is not going out of business.
That’s according to Eddie Lampert, the beleaguered  CEO of Kmart parent company Sears Holdings Corp.
"Recent reports have suggested that Kmart will cease its operations,” Lampert said in a blog post Monday. “I can tell you that there are no plans and there have never been any plans to close the Kmart format. To report or suggest otherwise is irresponsible and is likely intended to do harm to our company to the benefit of those who seek to gain advantage from posting these inaccurate reports.". . . more

No comments: