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Articles by Anna Driver
Failed Kmart Launches Probe Into Accounting
28 January 02
Bankrupt retailer Kmart Corp. said Friday it launched an internal investigation of its accounting as a result of an anonymous letter sent to its directors, auditors and government regulators.
Kmart Corp. Files for Bankruptcy
23 January 02
Kmart Corp. on Tuesday filed for bankruptcy protection, the largest retailer ever to do so, after a dismal holiday sales season and stiff competition from rivals Wal-Mart Stores Inc. and Target Corp. left the company strapped for cash.