Slashing for Growth: Bankrupt Kmart Cuts 37K Jobs, 326 Units
he bill for Kmart Corp.?s second, and perhaps final, round of post-bankruptcy reductions is in: 326 stores, 37,000 jobs and $1.7 billion.
From This Issue
A VERY GOOD YEAR: Dolce & Gabbana registered a 40.1 percent increase in sales, to $469.3 million from $334.9 million, during the fiscal year ended March 31. According to director of general affairs Cristiana Ruella, the firm expects pretax profits to…
WINSLET’S HEAD ON BAZAAR’S BODY: What is it about Kate Winslet that screams “Photoshop?” Just days after British GQ confessed to digitally slimming her down in its pages, Harper’s Bazaar has admitted that its January cover is…