business news in context, analysis with attitude

Several sources tell MNB that Kmart is conducting an inventory of its Puerto Rico stores so that it can determine how it should value the units it has there for a possible sale to Target.

There is a lot of speculation taking place in Puerto Rico about this possible sale… no timing has yet been set for a divestiture of the division by Kmart.
KC's View:
We almost don't care if this rumor is true or not. We get much more snow here in New England, and we're going to insist on a trip to Puerto Rico to check things out.