Kmart Named Corporate Partner of the Year By St. Jude

MEMPHIS, Tenn.--Kmart has been recognized as St. Jude Children's Research Hospital's Corporate Partner of the Year.

The retailer received the honor during the presentation of the ALSAC/St. Jude Volunteer Appreciation Awards on June 25. Richard C. Shadyac Jr., chief executive officer of ALSAC, the St. Jude fundraising organization, cited Kmart's efforts in helping the hospital's doctors and researchers find cures and save children from catastrophic diseases.

A St. Jude statement said Kmart has raised nearly $17 million for the hospital through its annual "Thanks and Giving" fundraising campaign since 2006. In 2009, Kmart employees pulled in $6.9 million, more than any other partner participating in the campaign.

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