TROY, Mich. -- Kmart Corp. here said last week it expects the store closures it will announce later this month to reduce its sales volume by only 5%.
"We'll downsize to $35 billion, give or take a few billion. That's [still] a lot of money" in terms of sales, said James B. Adamson, Kmart's chairman. But it's not that much of a drop from last year's $37 billion, he suggested.
Adamson, speaking last week at a press conference following the official launch of Kmart's exclusive Di