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.

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 officer, Kmart, said he was confident that the company would continue to oper

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