Retail News: Kmart posts big loss in '01, to restate 3 quarters
May 15, 2002
By Anna Driver

CHICAGO, Mich, May 15 (Reuters) - Bankrupt Kmart Corp. on Wednesday said its loss ballooned to $2.42 billion in 2001 and said it would restate the first three quarters of that year after closing the books on an accounting investigation.
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