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DAKA will run Kmart restaurants

Published on .

Kmart Corp., Troy, Mich., will form a joint venture company with DAKA International, a Danvers, Mass.-based foodservice company. The company will operate restaurants in 1,850 Kmart and Super Kmart stores as well as well as in all new stores opened during the 15-year term of the agreement. Kmart said its restaurant operations generated approximately $350 million in sales volume in 1995. DAKA operates more than 700 food locations, including 194 Fuddruckers restaurants and 20 Champps restaurants.

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