Printer Friendly

KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT

 KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT
 TROY, Mich., June 24 /PRNewswire/ -- Kmart Corporation (NYSE: KM)


today announced the appointment of Frank G. Felicella to president and chief operating officer of its subsidiary Builders Square, Inc., effective Aug. 3, 1992. In this new position, Felicella will report directly to Glen R. Mielke, chairman and chief executive officer of Builders Square.
 "We are very pleased to welcome Frank into our organization and have great confidence he will contribute to our further success," said Mielke.
 Most recently, Felicella was executive vice president retail operations for Lechmere, Inc., a privately owned hardlines retailer in New England. His experience includes the positions of director of store operations for Target Stores, president of the Collins and Aikman Wallcovering Group retail division and regional vice president of Korvettes. He previously served as chief operating officer and senior vice president of central region Home Centers for the W.R. Grace Retail group. He began his retail career with Sears, Roebuck and Company and has a B.S. degree from Quinnipiac College in Hamden, Conn.
 "Frank Felicella's extensive background in the retail industry and, in particular, his broad experience in merchandising and operations will make him a valuable addition to the Builders Square management team," said George Mrkonic, Kmart executive vice president of Specialty Retailing.
 Based in San Antonio, Builders Square is a national chain of do-it-yourself home improvement centers with more than 150 stores in 28 states. It is a wholly owned subsidiary of Kmart Corporation.
 Kmart Corporation serves America with over 4,000 retail outlets in all 50 states and in Puerto Rico and Canada. Kmart, currently operating 2,383 Kmart stores, is also the parent company for PACE Membership Warehouse, Pay Less Drug Stores, Waldenbooks, The Sports Authority and OfficeMax.
 -0- 6/24/92
 /CONTACT: Lisa Vallee of Kmart Corporation, 212-644-1100 or 201-509-1428/
 (KM) CO: Kmart Corporation; Builders Square ST: Michigan IN: REA SU: PER


DH-SM -- DE020 -- 3379 06/24/92 14:59 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 24, 1992
Words:327
Previous Article:WRIT'S 2,400,000 SHARE UNDERWRITING PRICED AT $17 EQUALS $40,800,000
Next Article:U.S. EPA, MARINE CORPS SETTLE TOXIC WASTE VIOLATIONS
Topics:


Related Articles
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENTS
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENTS
KMART ANNOUNCES NEW EXECUTIVE APPOINTMENT
KMART CORPORATION ANNOUNCES RECORD 1992 SALES AND OPERATING INCOME AT BUILDERS SQUARE
KMART BOARD ELECTS TWO NEW DIRECTORS
SYNDICATION OF $3.7 BILLION KMART CREDIT FACILITY SUCCESSFULLY COMPLETED BY CHASE MANHATTAN CORPORATION
Kmart Announces New Executive Appointment

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters