Joseph E. Antonini

Joseph E. "Joe" Antonini (born July 13, 1941)[1] is a businessman who is best known for being a former CEO of Kmart.[2]

Early career

Joseph Antonini was a retail manager at Kresge's on Union Road in Cheektowaga, New York in the late 1960s. Kresge's, a five and dime operation, eventually became Kmart and Antonini continued working for the organization.

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.[3] Antonini resigned from Kmart in 1995.[4]

gollark: Yes - even if you don't know how it works, you could just blindly implement the silicon which handles it, or something.
gollark: If you can do the rest of it, then obfuscated microcode is not a significant hurdle.
gollark: The reason we don't have i7 clones is just legal stuff and immensely high associated costs.
gollark: Although there actually is that one Chinese company with slow x86 CPUs? Via or something.
gollark: Semiconductor manufacturing is basically *the* most capital-intensive industry. You can't just *make* an i7 without incredibly ridiculously large investment and a lot of Intel's knowledge.

References
  1. "ATTENTION, K MART SHOPPERS JOSEPH E. ANTONINI b. JULY 13, 1941". Fortune Magazine. Retrieved December 31, 2019.
  2. "Kmart Chief, Under Siege, Resigns Post".
  3. "Kmart Earnings".
  4. White, George (22 March 1995). "Kmart CEO Antonini Resigns : Price of Stock Jumps 8% on News of Ouster". Los Angeles Times. Retrieved 21 June 2015.
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