SJP's unexpected strategy to face celeb fragrance fallout.
August 26, 2016
• Rachel Strugatz
Kmart To Take $1.3B Charge To Close, Move, Enlarge Stores
NEW YORK -- Kmart Corp., struggling to strengthen its discount store division, said it will take a $1.3 billion charge ($850 million after-tax) to substantially enlarge its store modernization program.