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The company also has a total of 17 distribution centers.
Kmart is the fourth largest general merchandise retailer in the world and the third largest discount retailer in the United States. The retailer is struggling with head on competition from Wal-Mart. Kmart is aware of the main problems associated with its loss of business to Wal-Mart; however, achieving a strong competitive position with Wal-Mart is difficult for Kmart due to several major problems that they are currently experiencing in areas such as housekeeping, inventory, and customer service.
Kmart's reorganization plan focuses on improving the company's weak competitive position and restoring financial solvency...
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