Attention Kmart Shoppers

Kmart chairman Charles Conaway reaffirmed to New York securities analysts an announcement he made made several days ago that the retailer will invest about $2 billion over the next two years in store operations – much of that in technology and infrastructure improvements. Conaway outlined his ambitious plan as including better customer relations, a 20 percent reduction in the time customers spend in checkout lines, improved inventory management and better relations with black and Hispanic customers in urban markets.