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TATE
HE BATTALION
7
Wednesday, January 15, 2003
iCmart closes Texas stores
By Alexandra R. Moses
THE ASSOCIATED PRESS
Kmart Corp. will close 54
(ores in Texas and 326 stores
|ttionwide as it works to emerge
om bankruptcy by April 30, the
jscount retailer said Tuesday.
Kmart said it also would close
Idistribution center in Corsicana,
iout 50 miles south of Dallas,
hd put about 550 people out of
j'ork, the Corsicana Daily Sun
sported on its Web site.
Kmart said it would shed
,000 to 35,000 jobs nation-
Hde, but it did not provide an
stimate of the number of
hployees losing their jobs in
;xas.
Eight of the stores to be closed
je in Houston and several others
nearby. Thirteen targeted
ores are spread across the
lallas-Fort Worth area, and five
lore are in San Antonio.
Chief executive James
Magazine "now^Mdamson said the company plans
s. flexible hours goxl to emerge from bankruptcy by
e. 512-450-1114 30.
ler hiring cooks arcM The Trov-based retailer, which
fts. apply in pew j|| ed for Chapter j j protection
— tnearly a year ago, currently oper-
H Club is looking faslE , , . f
iring break fliers Eri 1 ^ roughly 1,830 Stores.
The store closings, which
IfiYolve 44 states and Puerto Rico,
ire subject to court approval,
mart is scheduled to appear in
.S. Bankruptcy Court in
hicago on Jan. 28.
Tuesday's announcement
larks the second round of clos-
igs in less than a year. Last
larch, Kmart closed 283 stores,
Tecting 22,000 jobs. Analysts
jredicted this spate of closings
would be 300 to 600 stores.
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“We’re all upset. I’ve been
here since 1998. 1 helped build
this store up,” said Sharon
Knight, an employee at a Detroit
Kmart who learned Tuesday
morning that her store is one of
those closing. “It’s kind of a
tremendous loss to me.”
Knight, who works behind the
jewelry counter, said employees
were told at a meeting that the
store is planning to close within
60 to 70 days.
Kmart filed for bankruptcy
nearly a year ago after a stock
dive and disappointing 2001 holi
day sales. Kmart is scheduled to
appear in U.S. Bankruptcy Court
in Chicago on Jan. 28 to address
the store closings.
Kmart needs to close stores
while under bankruptcy protec
tion to allow it to get out of leas
es.
Burt Flickinger, a retail ana
lyst with Reach Marketing, says
while store closings are neces
sary, the company isn't going
about it the right way.
Kmart is basing its closures on
performance over the last year
“and should be looking at what
the business will look like the
next 12 months,” Flickinger says.
Since Kmart filed for bank
ruptcy on Jan. 22, 2002, it has lost
an additional $2 billion and faces
declines in same-store sales, sales
at stores open at least a year.
“As the company contracts,
there’s still no sign that it can
make any money,” Flickinger
says. “There’s so much uncer
tainty in what Kmart can do to
solve its problems.”
Jordan Kaplan, a professor of
managerial science at Long
Island University, said the store
More closings and
layoffs for Kmart
As part of a plan to get out of
bankruptcy by the end of April,
Kmart Corp. will close 326
more stores and eliminate
30,000 to 35,000 more jobs.
Largest corporate layoff
announcements
General Motors Corp.
December 1991
74,000
Sears, Roebuck and Co.
January 1993
50,000
AT&T Corp.
January 1996
Got Issues? Need to Talk?
STUDENT CONFLICT RESOLUTION SERVICES
Student Life Services Building
The Grove
(In the shadow of Albritton Tower)
c , (979) 847-7272 * Student Judicial
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♦ Student Mediation
40,000
Kmart Corp.
January 2003
37,000
Ford Motor Co.
January 2002
■■■■■135.000
SOURCE: Associated Press AP
closings may buy time for Kmart.
“Hopefully, it will stave off a
complete liquidation of Kmart —
which of course is always a pos
sibility,” Kaplan said.
Kmart has struggled to com
pete with discount rivals Wal-
Mart and Target. Some analysts
have suggested there isn’t room
for Kmart unless it finds some
way of distinguishing itself and
luring customers.
Other troubles plague the
company beyond its business
plan. Just before its bankruptcy
filing, Kmart began receiving
anonymous letters, purporting to
be from employees, that suggest
ed wrongdoing at the company.
The letters spawned tin inves
tigation into the way the company
was run.
I
my Web C T
Beginning of Semester Help is available at the
following locations:
Jan 9, 1:00-4:00 Blocker
Jan 10, 1:00 - 4:00 SCC
Jan 13, 2:00 - 5:00 SCC
Jan 14, 1:00 - 4:00 West Campus
Jan 15, 10:00- 1:00 Blocker
Jan 15, 4:00 - 7:00 SCC
Jan 16, 9:00 - 12:00 SCC
Jan 17, 11:00 - 2:00 West Campus
Drop by any time during the above hours
Id female lab mix M
ae! Call 229-3837.
DMMATES
immate needed as
Cozy, w/d 979-693-622]
exas executes first convict of 2003
d/2bth house,
ocation. 695-8086.
By Pam Easton
THE ASSOCIATED PRESS
Convicted killer Samuel Gallamore, who bru-
j^tfilly beat and stabbed to death a partially paralyzed
woman, her husband and daughter, was executed
hers looking for rooiwr|T ues(la y ni ght in Hunstville, Tx.
great deck, close u *-^7 would like to apologize and
m jay I’m sorry but words seem so
e 4bd/ibth house, shpllow and cheap,” Gallamore said
ave m. 492-9595 jj a handwritten statement distrib-
imate needed A %|ed after his execution. He had
tautiiities. House ’ shJ ^ c |j nec i t 0 make a final statement
pm the death chamber gurney.
:e neighborhood 696
s,:: r T p wo 9 bioc!i e | rheir death sh ° uid not have ha p-"
<979-574-3110 pencd, but it did. I’m so sorry that
c of this took place.”
needed, on bus route ff ^ .
o.,+i/4biiis, 777-02771 Gallamore also said that in the
a short d£a^cnr#t hour of his life, his heart grew
g furnished includingsbbcause relatives of the slain vic-
>/mo +1/3util. 224-440C sa j ( j f or g ave him. |
seded to share
se with 3-male collegfi
o. -i-utilities. 979-779-3
59-9666.
Now they are
grieving over the loss
of their son and we
know what that feels
like.
— Kristin Huffman
victims' niece
Gallamore was pronounced dead at 6:14 p.m.,
[ven minutes after the lethal drugs began to flow.
The niece of the slain couple, Kristin Huffman,
-..attended the execution along with Kerr County
ited, large room, $» „, . rr _ , ,, ,
777-7052. onentf Rusty Hierholzer. Huffman wiped tears
F-roomniate private1^ orn her eyes after Gallamore took his final breath,
lovely 3bd’condo“There’s sadness that they were killed in a hor-
$250/mo. (979)764. rir ic wa y^ y et j think my heart just goes out now to
Gallamore’s family,” Huffman said. “Now they are
ERVICES ■»* ev i n g over the loss of their son and we know
what that feels like.”
Gallamore had said last week from death row
that the 1992 slayings didn’t have to happen.
Gallamore was the first to be executed in Texas
this year. Six others are also set to die in January,
including John Baltazar, whose execution is sched
uled Wednesday night for the 1997 shooting death
of a 5-year-old Corpus Christi girl.
Last year, Texas executed 33
people. Gallamore was the 290th
person executed since Texas rein
stated the death penalty in 1982.
The U.S. Supreme Court denied a
request for a stay Tuesday.
Gallamore said his friend
James John Steiner directed him
on March 29, 1992, to the rural
Kerr County home where the pair
planned a robbery for drug money.
Julianna Kenney and her husband,
Verle Clayton Kenney, lived there
with Julianna Kenney’s daughter,
Adrienne Arnot.
Gallamore and Steiner, who had cared for
Julianna Kenney in her home, beat the paralyzed
woman’s husband and her daughter. Arnot was
struck 12 times in the head and face and suffered
14 blows to her upper body, back and right thigh.
Kenney was hit six times in the head with a tire
iron and a cedar stick.
Gallamore then grabbed a knife from the
kitchen and stabbed Arnot and Kenney.
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