LESS IS MORE: Kmart Corp. on Tuesday received Chicago bankruptcy court approval to close 300-plus stores before it emerges from Chapter 11. However, the number of stores to be shuttered was reduced to 316, rather than the 326 it indicated when it announced the closures on Jan. 14. Kmart’s attorney disclosed that the changing store count was due to concessions the retailer won from landlords in at least 10 of the stores initially set to go dark.

THE FINDER AND THE DELLS: Fashion designer Susan Dell is expected to announce today a $3 million grant being made by the Michael and Susan Dell Foundation to be used as start-up funding for a national missing child rapid-response system. The system, named Team Adam after the abducted and murdered son of John and Revé Walsh, is operated by the National Center for Missing & Exploited Children, which the Walshes founded. Team Adam is patterned after the National Transportation Safety Board’s system of sending specialist teams to the sites of serious transportation accidents, by sending retired law enforcement officers to the sites of child abductions and cases of sexual exploitation. Dell and the Walshes plan to announce the grant at a presentation at the Children’s Museum of Manhattan today.

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