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Sustainability of Kmart's Turnaround in Doubt

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Sustainability of Kmart's Turnaround in Doubt

Business

Sustainability of Kmart's Turnaround in Doubt

Sustainability of Kmart's Turnaround in Doubt

  • Download
  • <iframe src="https://www.npr.org/player/embed/3602023/3602024" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Kmart is in the midst of a dramatic financial recovery, emerging from bankruptcy in 2003 and turning its first quarterly profit in years. But some question how long the Michigan-based retailer can continue to generate profits attributed to cutting costs, not rising sales. Detroit Public Radio's Jerome Vaughn reports.