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Kmart marks 30th anniversary of support for March of Dimes

BY Alaric DeArment

HOFFMAN ESTATES, Ill. — Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said Monday.

Kmart said that since 1983, it had raised more than $106 million for the non-profit group, which is focused on the needs of mothers and infants, including $8 million last year.

"For three decades, Kmart has been committed to March for Babies and improving children’s health and wellness," said Ron Boire, EVP, chief merchandising officer and president of the Sears and Kmart formats for parent company Sears Holdings. "Year after year, our associates, Shop Your Way Rewards members and customers embrace the driving principle on which the March of Dimes was founded – many people giving a little can make a huge impact."


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CDC: Awareness of prediabetes rose slightly in 2009-2010

BY Alaric DeArment

ATLANTA — The percentage of people who are at risk of developing Type 2 diabetes and aware of it has risen slightly over the past few years, but remains low, according to a report by the Centers for Disease Control and Prevention.

According to the CDC’s "Morbidity and Mortality Weekly Report," the percentage of the estimated 79 million Americans with prediabetes who were aware of their condition was 11.1% in 2009 and 2010, compared with 7.7% in 2005 and 2006. The report also found that younger people, those ages 20 to 44 years, were less likely to be aware of their condition than those ages 45 years and older. Each year, 11% of those with prediabetes who don’t lose weight or engage in moderate physical activity progress to Type 2 diabetes. In patients with prediabetes, blood sugar levels are higher than normal, but not high enough to be classified as diabetes.

The CDC report was based on an analysis of data from the "National Health and Nutrition Examination Survey" collected between 2005 and 2010.

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More than $209 million of Target debentures tendered, company says

BY Alaric DeArment

MINNEAPOLIS — About $209.3 million worth of Target Corp.’s debt has been put up for sale as the company moves to refinance $679 million worth of debt due between 2028 and 2031, the mass merchandise retailer said.

Target announced plans to purchase $170 million in 6.75% debentures due 2028, $154.9 million in 6.65% debentures due 2028 and $354 million in 7% debentures due 2031.

The company said the $209.3 million tendered so far represented 20.31%, 25.22% and 38.32% of the totals of the three respective security titles.

 

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