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KMART TO SELL KELLY-SPRINGFIELD TIRES

 KMART TO SELL KELLY-SPRINGFIELD TIRES
 INDIANAPOLIS, May 21 /PRNewswire/ -- Kmart Corporation (NYSE: KM)


and The Kelly-Springfield Tire Company today announced that all Kmart auto service centers will sell Kelly Brand passenger and light truck tires beginning June 1, 1992.
 The initial shipment to Kmart will be 200,000 tires with the agreement estimated to result in sales of more than a million tires per year.
 "Kmart's emerging leadership in the automotive retail market is further enhanced by adding the Kelly Brand line of tires," said Harold Parkison, vice president of merchandising hardline division for Kmart.
 "As we expand and update our Kmart stores nationwide, we're also improving our merchandise assortment with a wider array of quality brands shoppers want," said Parkison.
 "Kmart's 1,000 auto service centers offer a new distribution opportunity for Kelly-Springfield," said Lee N. Fiedler, president and CEO. "Our new partnership with Kmart, which is a 100-percent retailer with a strong presence in all U.S. markets, will offer an anchor for Kelly Brand Tires while continuing our tradition of quality and value."
 The tires will be produced mainly at the Kelly-Springfield factories in Fayetteville, N.C., and Tyler, Texas. The company also operates a factory in Freeport, Ill.
 Kelly-Springfield, established in 1894, is a wholly owned subsidiary of The Goodyear Tire & Rubber Company (NYSE: GT). The corporate headquarters is located in Cumberland, Md.
 Kmart Corporation is headquartered in Troy, Mich., and has 4,000 retail outlets in all 50 states, Puerto Rico and Canada. Its operations include 2,377 Kmart Stores, as well as PACE Membership Warehouse, Builders Square, PayLess Drug Stores, Waldenbooks, The Sports Authority and OfficeMax.
 -0- 5/21/92
 /CONTACT: Darlene Park of Kmart, 313-643-4210; or Gerald Hess of Kelly-Springfield, 301-777-6496/
 (KM GT) CO: Kmart Corporation; The Goodyear Tire & Rubber Company;
 The Kelly-Springfield Tire Company ST: Michigan, Indiana IN: REA SU:


JB -- DE027 -- 2946 05/21/92 14:46 EDT
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Publication:PR Newswire
Date:May 21, 1992
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