KMART OUTLINES PLANS FOR REORGANIZED COMPANY

NEW YORK -- Kmart Corp. last week reaffirmed its commitment to food retailing and said it was "ahead of plan" in its transition to a new distribution system for food products.Executives from the Troy, Mich.-based retailer addressed reporters at a press briefing here, covering a wide range of topics related to the company's efforts to recover from bankruptcy.Julian Day, president and chief executive

NEW YORK -- Kmart Corp. last week reaffirmed its commitment to food retailing and said it was "ahead of plan" in its transition to a new distribution system for food products.

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