Kmart Completes Four SuperCenter Expansions In Indianapolis

Kmart Corporation (NYSE: KM) today announced the expansion of four Big Kmart stores to Kmart SuperCenters in Indianapolis, Indiana. The stores, located at 3585 Commercial Drive; 6780 West Washington Street; 7425 East Washington Street and 2715 Madison Avenue, are the first Kmart SuperCenters in the Indianapolis market. All four stores will make their official "re-grand" opening as Kmart SuperCenters on Saturday, July 20 and begin a four-week-long series of special events and giveaways.

Kmart SuperCenters combine the general merchandise selection and value of a traditional Kmart with a full-service grocery store 24-hours-a-day, seven- days-a week. Each of the remodeled Indianapolis stores added more than 25,000 square feet of retail space with only minimal physical change to the store's actual structure.

"The opening of four Kmart SuperCenters in Indianapolis is a significant step for Kmart at this time," said Julian Day, president and chief operating officer, Kmart Corporation. "In addition to being a great benefit to consumers in the area, it demonstrates that Kmart is making forward progress, continuing to focus our efforts on improving the shopping experience for our valued customers. This is an emphatic statement that Kmart remains a strong force in retail in Indiana."

Over the next four weeks, each store will host a variety of exciting events in celebration of the openings. Free product samples, a Coke Scavenger Hunt Game and appearances by JOE BOXER's "Mr. Licky" and Kmart's own Bluelight Characters will be part of the festivities.

Kmart operates 105 retail outlets in the State of Indiana including seven Kmart SuperCenters. Statewide, Kmart employs more than 5,000.

Through a unique blend of high-quality exclusive brands, value and convenience, Kmart understands what really matters in the lives of the American consumer. Kmart is the only place to find Martha Stewart Everyday® products, as well as Jaclyn Smith®, Sesame Street®, Disney®, Kathy Ireland® and Route 66® apparel. The company's new JOE BOXER® line of apparel and home furnishings launches this summer.

Kmart Corporation is a $36 billion company that serves America with more than 1,800 Kmart and Kmart SuperCenter retail outlets and through its e- commerce shopping site, .


SOURCE: Kmart Corporation

CONTACT: Kmart Media Relations, +1-248-463-1021

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