July 6, 2000

Michael J. Viola
Vice President and Treasurer
Investor Relations
(248) 643-1040

KMART CORPORATION REPORTS JUNE SALES RESULTS

TROY, Mich., July 6, 2000 -- Kmart Corporation (NYSE: KM) today reported that June total consolidated sales increased 0.8% to $3.568 billion for the five-week period ended June 28, 2000 compared with $3.540 billion for the same period last year. Consolidated sales decreased 1.0% on a comparable store basis for the same period.

Sales from consolidated operations for the 22 weeks ended June 28, 2000 were $14.610 billion, up 1.5% from $14.390 billion for the first 22 weeks of 1999. On a comparable store basis, consolidated sales decreased 0.1% for the same period.

“June sales were disappointing,” said Chuck Conaway, Chairman and CEO of Kmart Corporation. "Although overall sales were below plan, several categories exhibited notable gains over last year, including prescription drugs, consumables, home décor, sporting goods and stationery.”

Kmart Corporation serves America with 2,165 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.

KMART CORPORATION REPORTS APRIL SALES RESULTS

KMART CORPORATION SALES

5 WEEKS ENDED

			% Change
(Millions U.S. $)	6-28-00	6-30-99	All Stores	Comparable Stores
Total Kmart	$ 3,568	$ 3,540	0.8	(1.0)

KMART CORPORATION SALES

22 WEEKS ENDED

			% Change
(Millions U.S. $)	6-28-00	6-30-99	All Stores	Comparable Stores
Total Kmart	$ 14,610	$ 14,390	1.5	(0.1)