NEW YORK — Kmart Corp. is still looking to exit from Chapter 11 next "July or possibly earlier," according to the bankrupt discounter’s chief financial officer.

Kmart’s cfo Al Koch, said, "If we’re not able to exit early sometime next year, it’s not because we’re not ready. After we get through the major items that need to be resolved, such as reviewing the store base and the major contracts, there’s little more that we need from the bankruptcy process to help us with."

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