USA: Kmart: looking for the gas pedal - COMMENT (Members)
Kmart's Q3 net loss has more than tripled to $224 million. The alarming Q3 results come in stark contrast to recent positive news from rivals Wal-Mart and Target. To ensure its long-term survival, Kmart must realize that even the best-laid plans must be backed up by co-ordinated and concrete execution processes. And given its recent financial woes, this is a lesson that Kmart must learn quickly
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