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KELLY-SPRINGFIELD WILL SELL TIRES THROUGH KMART

 KELLY-SPRINGFIELD WILL SELL TIRES THROUGH KMART
 CUMBERLAND, Md., 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 merchandise 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 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 Corporate, 313-643-4210, or Gerald N. Hess of Kelly-Springfield, 317-243-8721 or 301-777-6134 (after hours)/
 (KM GT) CO: The Goodyear Tire & Rubber Company; Kmart Corporation ST: Maryland IN: AUT SU: JVN


CG -- CL007 -- 2967 05/21/92 15:11 EDT
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Publication:PR Newswire
Date:May 21, 1992
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