Joseph E. Antonini
Joseph E. "Joe" Antonini | |
|---|---|
| Born | July 13, 1941 |
| Nationality | American |
| Occupation | Businessman |
Joseph E. "Joe" Antonini (born July 13, 1941)Kmart.[2]
Early career
Joseph Antonini was a
Cheektowaga, New York in the late 1960s. Kresge's, a five and dime
operation, eventually became Kmart and Antonini continued working for the organization.
Education
Antonini attended high school at Morgantown High School.[3]
Kmart
Antonini became chairman in 1984 and CEO of Kmart in 1987.[2] In 1990 Kmart began a major restructuring and remodeling effort while competing against Walmart, resulting in financial difficulties for Kmart. In February 1990, when Kmart announced its refurbishing program, plans were to close and relocate about 300 Kmart stores, to expand about 620 stores, and to remodel the remaining 1,250 stores. Another 150 stores were to be closed within five years.[4] Antonini resigned from Kmart in 1995.[5]
References
- ^ "ATTENTION, K MART SHOPPERS JOSEPH E. ANTONINI b. JULY 13, 1941". Fortune Magazine. Retrieved December 31, 2019.
- ^ a b "Kmart Chief, Under Siege, Resigns Post".
- ^ "MHS Distinguished Alumni – Morgantown High School". mohigans.mono.k12.wv.us. Retrieved October 22, 2022.
- ^ "Kmart Earnings".
- ^ White, George (March 22, 1995). "Kmart CEO Antonini Resigns : Price of Stock Jumps 8% on News of Ouster". Los Angeles Times. Retrieved June 21, 2015.