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Kmart Statement Regarding Inaccurate Detroit News Headline Wednesday, January 30

TROY, Mich., Jan. 30 /PRNewswire -- The following is a Kmart (NYSE: KM) statement regarding an inaccurate Detroit News headline Wednesday, January 30:

"A headline on the front page of today's Detroit News regarding a specific number of store closures at Kmart was baseless, speculative and reckless. No specific numbers of store closings were discussed with The News. It's premature to determine that number. When Kmart has information about store closures, the company will inform its associates and then make a public announcement."

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SOURCE: Kmart Corporation

Contact: Kmart Media Relations, +1-248-463-1021

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