The head of bankrupt retailer Kmart Corp on Tuesday said it will announce a further round of store closings in the New Year.

The Michigan-based retail giant has already closed 283 stores, with the loss of 22,000 jobs, since it filed for Chapter 11 bankruptcy protection in January amid weak sales and massive debts.

CEO and chairman James Adamson yesterday said the death knell would be sounded for more stores in January but did not disclose how many outlets and staff would be affected by the latest cuts.

He added the company would ensure affected staff would be told of the cuts by Kmart and not through the media as "we'd like to do it thoroughly and with far better care in terms of how we treat our people than we did the first time".