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KMART CORPORATION REPORTS SEPTEMBER SALES INCREASE

 KMART CORPORATION REPORTS SEPTEMBER SALES INCREASE
 TROY, Mich., October 8, 1992 /PRNewswire/ -- Kmart Corporation
 (NYSE: KM) today reported a sales increase of 12.1% for September
 1992 over sales during the same period of last year. Consolidated
 sales for the five-week period ended September 30, 1992 amounted to
 $3,326,478,000, versus sales of $2,968,266,000 for the five weeks
 ended October 2, 1991.
 Sales for the 35 weeks ended September 30, 1992 were
 $23,493,415,000, up 9.1% from the $21,534,061,000 for the first
 35 weeks of 1991.
 Kmart Chairman of the Board and Chief Executive Officer
 Joseph E. Antonini said, "Sales strengthened in September, aided in
 part by the later date for Labor Day this year which pushed some
 apparel and other back-to-school merchandise sales into our
 September selling period from the August period last year. We are
 encouraged, however, that the pace of business was well maintained
 once past the distortion created by the later observance of Labor
 Day."
 Kmart Corporation serves America with over 4,000 retail outlets in
 all 50 states in the United States and in Puerto Rico, Canada and
 Czechoslovakia. Kmart, currently operating 2,383 Kmart stores, is
 also the parent company for PACE Membership Warehouse, Builders
 Square, PayLess Drug Stores, Waldenbooks, The Sports Authority and
 OfficeMax.
 Kmart Corporation's stock is listed on the New York, Pacific and
 Midwest Stock Exchanges. Its trading symbol is KM.
 KMART CORPORATION
 SALES BY BUSINESS
 5 Weeks Ended
 % Change
 All Comparable
 (Millions U.S. $) 9-30-92 10-2-91 Stores Stores
 General Merchandise
 United States $ 2,152 $ 2,052 4.9 3.2
 International 103 94 9.4 (9.7)
 Total General Merchandise 2,255 2,146 5.1 2.7
 Specialty Retail
 PACE Membership Warehouse 399 332 20.0 6.5
 Builders Square 240 195 23.1 9.0
 PayLess Drug Stores 237 177 34.3 0.8
 Waldenbooks 93 93 (0.1) (0.3)
 The Sports Authority 39 25 58.9 2.9
 OfficeMax(a) 63 --- ---- 29.5(a)
 Total Specialty Retail 1,071 822 30.4 5.8(a)
 Total Kmart $ 3,326 $ 2,968 12.1 3.5(a)
 (a) OfficeMax was acquired in November 1991. On a proforma basis,
 total sales increased 134.3% and comparable store sales were up
 29.5%. Excluding OfficeMax, the comparable store sales increases
 for Total Specialty Retail and Total Kmart were 5.0% and 3.3%,
 respectively.
 35 Weeks Ended
 % Change
 All Comparable
 (Millions U.S. $) 9-30-92 10-2-91 Stores Stores
 General Merchandise
 United States $15,820 $15,239 3.8 1.9
 International 647 640 1.0 (6.1)
 Total General Merchandise 16,467 15,879 3.7 1.6
 Specialty Retail
 PACE Membership Warehouse 2,750 2,268 21.3 10.1
 Builders Square 1,676 1,433 16.9 8.9
 PayLess Drug Stores 1,406 1,174 19.7 0.8
 Waldenbooks 660 646 2.3 2.3
 The Sports Authority 244 134 82.1 10.3
 OfficeMax(a) 290 --- ---- 29.5(a)
 Total Specialty Retail 7,026 5,655 24.3 7.5(a)
 Total Kmart $23,493 $21,534 9.1 3.1(a)
 (a) OfficeMax was acquired in November 1991. On a proforma basis,
 total sales increased 104.2% and comparable store sales were up
 29.5%. Excluding OfficeMax, the comparable store sales increases
 for Total Specialty Retail and Total Kmart were 7.0% and 3.0%,
 respectively.
 -0- 10/8/92
 /CONTACT: Orren F. Knauer, Director-Investor Relations, Kmart Corporation, 313-643-1040/
 (KM) CO: Kmart Corporation ST: Michigan IN: REA SU:


JG -- DE005 -- 0329 10/08/92 09:38 EDT
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Date:Oct 8, 1992
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