Kmart Not Exclusively Supporting HD-DVD Format
Statement from Jonathan Magasanik, Vice President and General Merchandise Manager, Home Electronics, Sears Holdings
There have been numerous statements in the media today, attributed to Toshiba, indicating exclusive support for the HD-DVD format in Kmart stores.
These statements are false.
Kmart intends to support both the HD-DVD and Blu-ray platforms, and has no plans to support either platform exclusively.
About Kmart
Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands that include Jaclyn Smith, Joe Boxer, Martha Stewart Everyday and Route 66. For more information visit the company's website at www.kmart.com or the Sears Holdings Corporation website at www.searsholdings.com.
First Call Analyst:
FCMN Contact: akmiotek@searshc.com
SOURCE: Kmart
CONTACT: Kirsten Whipple of Sears Holdings, +1-847-286-3037
Web site: http://www.kmart.com/