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Thursday, 01/17/2002 8:20:38 PM

Thursday, January 17, 2002 8:20:38 PM

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Reach Marketing's Flickinger: Kmart Outlook, Management

Westport, Connecticut, Jan. 17, 2002 (Bloomberg) -- Burt Flickinger, managing partner at Reach Marketing, talks with Bloomberg's Steve Matthews via telephone about the suspension of product shipments to Kmart Corp., the likelihood of Kmart filing for Chapter 11 bankruptcy protection and Kmart's decision to hire James Adamson as chairman.

02:48 Suspension of shipments to Kmart; factoring insurance
01:17 Likelihood of a Chapter 11 filing; Ames example
01:20 Kmart's inventory levels; potential refinancing activity
01:39 Significance of James Adamson being named Kmart's chairman
01:55 Views on Kmart CEO Chuck Conaway; turnaround strategy
01:34 Do you know why Mark Schwartz quit?
01:40 Can Kmart survive without filing Chapter 11?

Running time 12:13.



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