Robert M. Burton
Divisional Vice President, Investor Relations
(248) 643-1040

KMART CORPORATION REPORTS OCTOBER SALES RESULTS

TROY, Mich., November 6, 1997--Kmart Corporation (NYSE: KM) today reported total consolidated sales increased 1.4% to $2.275 billion for the four week period ended October 29, 1997, compared with $2.245 billion for the same period last year. On a comparable store basis, consolidated sales increased 4.9%.

Sales from consolidated operations for the 13 weeks ended October 29, 1997 were $7.315 billion, up 1.4% from $7.212 billion for the 13 weeks ended October 30, 1996. On a comparable store basis, consolidated sales rose 4.7% for the same period.

Sales from consolidated operations for the 39 weeks ended October 29, 1997 were $22.424 billion, up 3.1% from $21.753 billion for the first 39 weeks of 1996. On a comparable store basis, consolidated sales rose 5.3% for the same period.

"Kmart's sales for October were on plan, reflecting improvement in our apparel volumes during the latter half of the month," said Floyd Hall, Chairman, President, and CEO of Kmart. "Areas showing strong performance included children's apparel, fashion accessories, toys, home electronics and appliances, home fashions, cosmetics, consumables, health and beauty aids and pharmacy."

Kmart Corporation serves America with 2,121 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.