Retailing experts said he had been approached by the Kmart Corporation.
The Kmart Corporation had a sales gain of 2.7 percent.
But specialty store chains helped give the Kmart Corporation an overall gain of 4.7 percent.
And the Kmart Corporation said it was on target to meet its goal of a 3 percent increase in holiday sales.
But tensions over the changing balance in benefits are becoming apparent at some companies, like the Kmart Corporation.
The Kmart Corporation reported its second straight profitable quarter yesterday, after two years of disappointing results.
The Kmart Corporation, which named a new chief executive on June 1, is expected to announce bad news today.
And the Kmart Corporation said same-store sales rose just 3.2 percent.
The snows of late winter and early spring have melted but not so their effects on the Kmart Corporation.
Shareholders in the Kmart Corporation received one share in the new company.