UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) MARCH 24, 2003

                                KMART CORPORATION
               (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

   MICHIGAN                   1-327                               38-0729500
- ---------------            ------------                      -------------------
(STATE OR OTHER            (COMMISSION                        (IRS EMPLOYER
JURISDICTION OF            FILE NUMBER)                      IDENTIFICATION NO.)
INCORPORATION)

     3100 WEST BIG BEAVER ROAD, TROY, MICHIGAN                    48084
  ----------------------------------------------------------------------------
     (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                  (ZIP CODE)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE   248-463-1000


                                 NOT APPLICABLE
          FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT




ITEM 9.  OTHER EVENTS AND REGULATION FD DISCLOSURE

         Kmart Corporation (the "Company") filed its monthly operating report
         for the period commencing January 30, 2002 and ended February 26, 2003
         (the "Operating Report") with the United States Bankruptcy Court for
         the Northern District of Illinois, a copy of which is attached hereto
         as Exhibit 99, in connection with its voluntary petitions for
         reorganization under Chapter 11 of title 11 of the United States
         Bankruptcy Code in Case No. 02-B02474.

         The Company cautions readers not to place reliance upon the information
         contained therein. The Operating Report contains unaudited information,
         is limited in scope, covers a limited time period and is in a format
         prescribed by the applicable bankruptcy laws. There can be no assurance
         that the Operating Report is complete. The Company also cautions
         readers to read the Cautionary Statement contained as part of the
         Operating Report.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

                         (c)     Exhibit.    Document Description

                                 99          Monthly Operating Report for the
                                             Period January 30, 2002 to February
                                             26, 2003.

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
         the registrant has duly caused this report to be signed on its behalf
         by the undersigned hereunto duly authorized.

                                              Kmart Corporation
                                                (Registrant)


Date:  March 24, 2003                      By: /s/ A. A. Koch
                                              ----------------------------------
                                                A. A. Koch
                                                Chief Financial Officer











                                  EXHIBIT INDEX

Exhibit
Number     Document Description

99         Monthly Operating Report For The Period January 30, 2003 to
           February 26, 2003.







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