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Techniques for maintaining a motivated staff are discussed, such as hiring employees with a specific role in mind. Additional techniques include conducting frequent employee meetings, offering rewards, and giving employees input into decisions. The employee management programs of firms such as Kmart Corp and Fay's Drug Stores are analyzed as examples., A motivated employee is money in the bank. Although bringing staff up to its highest potential may be more of an art than a science, it's nonetheless an essential, albeit [...]

HOFFMAN ESTATES, Ill. - Sears Holdings Corp. here was expected to announce to its Kmart employees by late last week that it will lay off workers. A spokesman at Sears [...]

NEW YORK -- Sears Holdings Corp. is expected to announce to its Kmart employees sometime this week that it will lay off workers. A spokesman at Sears Holdings, Kmart's parent, [...]

KMART SHORES UP MANAGEMENT TEAM Kmart named Donald Germano senior vice president and general manager, and Dene Rogers executive vice president of restructuring and business improvement, a new position. Germano [...]

Sears to move or lay off 1,400; HQ deal said near Sears Holdings Corp. said Tuesday that it has told about 1,400 Kmart employees that their jobs will be either [...]

NEW YORK -- Shares of Kmart Holding Corp. on Tuesday sank 4.75 percent on news that it is selling fewer stores to Home Depot than originally planned and will be [...]

NEW YORK-The Kmart saga is getting curiouser and curiouser now that Sears has been mentioned as a suitor, if not a savior, for the troubled retailer. Sources close to the [...]

Sources close to the financial team funding Kmart's exit from bankruptcy proceedings - ESL Investments and Third Avenue Value Fund, who together will own more than 50 percent of reorganized [...]

STROUDS UNDER NEW OWNERSHIP Fog Cutter Capital Group Inc. has acquired a controlling 49.5 percent interest in Strouds. Fog Cutter focuses on diversified investing, structuring and managing finance-related assets. The [...]

Detroit's pension board adopts new travel policy The city of Detroit's pension board adopted a travel policy that continues to allow members to take an unlimited number of trips, The [...]

Even in bankruptcy, Kmart is loyal to newspapers: Along with maintaining its heavy schedule of preprinted inserts, the Troy, Mich.- based retailer is setting up 'mycareerbuilder' accounts with the newspaper-owned [...]

* Kmart Corporation recently announced it would close another 326 stores and eliminate 37,000 jobs during its ongoing effort to reorganize and emerge from bankruptcy. Kmart filed Chapter 11 on [...]

Survey: Cold Weather, Discounts Boost Chain Store Sales Consumers still remain tight-fisted with threats of war, unsettled economy Kmart To Compensate Two Execs Upon Chapter 11 Emergence Discounter will grant [...]

Handleman to stop Internet services The Troy-based Handleman Co. said Internet services no longer would be developed or supported by the music-distribution company. Launched in November 2001, Handleman's online division [...]

TROY, MI: Kmart, seeking to bolster employee morale as it works to emerge from bankruptcy, has started a series of luncheons where workers can chat with senior-level executives. Julian Day, [...]

E&Y-Andersen deal should be done at month's end A deal that doubles Ernst & Young L.L.P.'s Detroit and Ann Arbor offices and increases its presence in Toledo and Grand Rapids [...]

SDM Files for Chapter 11 BRUSSELS -- Delhaize Group here said last week it has filed for liquidation of Super Discount Markets, its Atlanta-based subsidiary, under Chapter 11 of the [...]

The Bluelight Special may be back, but its heralded return is not enough to protect its namesake Web store from the wrath of the dot.com downturn. Several weeks ago, Kmart's [...]

Two customer-service initiatives from Kmart: It is increasing the number of its self-service checkout units and it is targeting $18 million in bonuses for sales associates who offer excellent customer [...]

* Kmart Corp., Troy, MI, has announced an $18 million bonus program to encourage improved customer service. Employees being recognized for their efforts will receive cash bonuses [...]

Kmart Corp.'s restructuring effort has claimed 46 jobs at the company's Troy headquarters and could result in more cuts, the company said Thursday. The positions were eliminated in early November [...]

Look for 83 pink slips from Kmart when the retailer shuts down its store at the corner of state roads 436 and 434. That's how many employees will lose their [...]

NEW YORK-Put aside, for now, questions about how the Internet will transform retail. The most pressing question in home furnishings retailing today is, 'Who will take the top spots at [...]

....Meat cutters at a Super Kmart in Oakland, CA ratified what Butchers Local 120 of the UFCW union calls the first labor contract at a Kmart retail outlet. The meat [...]

Kmart is set to introduce this month a prototype of a new store design, which includes new signage, wide aisles and better-organized merchandise. The chain has been secretly testing the [...]

NEW YORK -- Welcome to the new Kmart slimmer, better stocked and better designed. In fact, the strategy being put together by James B. Adamson, Kmart's chairman and chief executive [...]