Kmart Bankruptcy

  • Playlist
  • Download
  • Embed
    Embed <iframe src="" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

Jerome Vaughn of member station WDET reports that Kmart filed for bankruptcy. Kmart is one of the nation's largest retail chains and it is the largest retailer to seek protection from its creditors. Kmart's CEO Charles Conaway said the chain will reorganize as quickly as possible to "make a fresh start."



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.