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KMART CORPORATION ANNOUNCES EXECUTIVE MOVES

 TROY, Mich., Dec. 31 /PRNewswire/ -- Kmart Corporation (NYSE: KM) today announced executive moves in its international and U.S. Kmart Stores divisions. Thomas W. Watkins, 47, was promoted to senior vice president, international operations, reporting to Joseph R. Thomas, executive vice president, international and administration, effective immediately.
 In his new position, Watkins will be responsible for the start-up of the company's joint venture operations with El Puerto de Liverpool in Mexico and assist in the development and implementation of Kmart's global strategy. Previously, Watkins served as senior vice president, store operations for U.S. Kmart Stores, having first joined Kmart in 1967.
 In a related move, Frank B. Cardinal, 46, is promoted to managing director and chief operating officer of the Mexico joint venture company. Cardinal will report to Watkins. Previously, Cardinal was a regional manager based in Texas, having joined Kmart in 1968.
 Effective Feb. 1, 1993, O. Robert Benson, 42, is promoted to divisional vice president, store operations - hardlines, reporting to Richard S. Miller, executive vice president, U.S. Kmart Stores. Previously, Benson was a regional manager based in California, having joined Kmart in 1972.
 Kmart Corporation serves America with 4,750 retail stores in all 50 states in the United States, Canada and Puerto Rico. In addition to 2,284 U.S. Kmart stores, the company's international operations include Kmart Canada Limited, a 22-percent equity in Coles Myer Ltd. in Australia, 13 stores in Czechoslovakia and the recently announced joint venture in Mexico. Kmart Corporation also is the parent company to seven specialty retail companies including PACE Membership Warehouse, Builders Square, Waldenbooks, PayLess Drug Stores, The Sports Authority, OfficeMax and Borders.
 -0- 12/31/92
 /CONTACT: Mary Lorencz, manager, Public Communications, Kmart Corporation, 313-643-1021/
 (KM)


CO: Kmart Corporation ST: Michigan IN: REA SU: PER

JG -- DE008 -- 0931 12/31/92 13:28 EST
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Publication:PR Newswire
Date:Dec 31, 1992
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