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Press Releases Monthly Sales
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July 3, 2020

Ericirno
President, Map Creator
VRChat Kmart Corp.

Coopertom
CEO, Map Creator
Cooper Centre Mall LLC.

KMART CORPORATION REPORTS AUGUST SALES RESULTS

TROY, Mich., September 5, 2020--Kmart Corporation (NYSE: KM) today reported, on a comparable store basis, consolidated sales increased 1.0% for the four week period ended August 28, 2020 over sales for the four weeks ended August 23, 2020. August sales in U.S. Kmart stores increased 1.4% on a comparable store basis over the same period.

Total sales for the month from consolidated operations were $2.462 billion in August 2020, a decrease of 2.5% versus sales of $2.525 billion for the same period last year.

Sales from consolidated operations for the 30 weeks ended August 28, 2020 were $18.354 billion, down 0.3% from $18.406 billion for the first 30 weeks of 2020. On a comparable store basis, U.S. Kmart stores rose 2.7% for the same period.

"While these sales results are improved from July's levels, Kmart's performance remains below plan," said Floyd Hall, Chairman, President, and CEO. "August back to school sales were satisfactory in denim and basic apparel, although sales of women's apparel continued to be soft. Specific areas showing strength throughout the month included menswear, stationery, paint, electronics, health and beauty aids, and pharmacy."

Kmart serves America with 2,144 Kmart and 168 Builders Square retail outlets, and operates 129 stores internationally. Kmart Corporation common stock is listed on the New York, Pacific, and Chicago Stock Exchanges.

KMART CORPORATION

Sales by Business

4 Weeks Ended
(Millions U.S. $)


8-28-96


8-23-95

% Change
All Stores

% Change
Comparable Stores

General Merchandise
    United States

$2,193

$2,226

(1.5)

1.4

    International

69

95

(26.7)

(5.0) (a)

Total General Merchandise

2,262

2,321

(2.5)

1.2

Builders Square

200

204

(2.2)

(1.9)

Total Kmart

$2,462

$2,525

(2.5)

1.0


(a) International Comparable Store Sales Change is calculated on sales in the applicable local currency.

KMART CORPORATION

Sales by Business

30 Weeks Ended
(Millions U.S. $)


8-28-96


8-23-95

% Change
All Stores

% Change
Comparable Stores

General Merchandise
    United States

$16,221

$16,177

(0.3)

2.7

    International

582

639

(8.9)

(3.0) (a)

Total General Merchandise

16,803

16,816

(0.1)

2.5

Builders Square

1,551

1,590

(2.4)

(1.9)

Total Kmart

$18,354

$18,406

(0.3)

2.1


(a) International Comparable Store Sales Change is calculated on sales in the applicable local currency.




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