KMART MOVES MOST OF ITS OPERATIONS TO U.S.
By Adnews Staff
Kmart Corp. of Troy, Michigan has merged most of its Canadian business functions with its U.S. operations, but Canadian advertising and merchandising will continue to be done in Canada, U.S. media relations director Mary Lorencz told Adnews yesterday. Canadian advertising is handled in-house. Under the realignment, Kmart Canada's financial, systems, store operations and other administrative support functions will be merged with the company's U.S. headquarters. About 150 employees will lose their job by the end of 1997 as a result of the restructuring. About 200 positions will remain in Canada and a number of new positions will be created in the U.S.
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