KMART SUFFERS NET LOSS DESPITE INCREASE IN SALES

TROY, Mich. -- Kmart Corp. here said last week it had a net loss in spite of higher sales for the third quarter and 39 weeks ended Oct. 25.the quarter. The loss was $67 million for the quarter, compared with net income of $27 million a year ago, and $493 million for the 39-week period, compared with a $9 million loss a year ago.Chuck Conaway, chairman and chief executive officer, said overall performance

TROY, Mich. -- Kmart Corp. here said last week it had a net loss in spite of higher sales for the third quarter and 39 weeks ended Oct. 25.

the quarter. The loss was $67 million for the quarter, compared with net income of $27 million a year ago, and $493 million for the 39-week period, compared with a $9 million loss a year ago.

Chuck Conaway, chairman and chief executive officer, said overall performance in the third quarter "fell short, primarily due to soft sales as our li

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