LEAD: The K Mart Corporation reported today that its third-quarter earnings rose 14.5 percent as its sales increased 6.5 percent.

LEAD: The K Mart Corporation said it had formed a joint venture to develop stores in which both food and general merchandise would be sold.

LEAD: The K Mart Corporation reported today that earnings for its first quarter rose 26.1 percent.

The station is currently owned by One Mart Corporation.

LEAD: The K Mart Corporation has agreed to buy a 22 percent stake in Officemax, a chain of office supply stores.

LEAD: The K Mart Corporation, one of the country's three largest retailers, today reported a $20.5 million loss in the fourth quarter and sharply lower earnings for the year.

LEAD: The K Mart Corporation said today that its second-quarter earnings rose 2.1 percent despite lower prices, mainly because of growth in apparel and seasonal hardware sales.

LEAD: The K Mart Corporation is recalling 48,000 desk sets that could be dangerous to children, the Consumer Product Safety Commission announced today.

LEAD: The K Mart Corporation, as expected, said it would enter the warehouse membership store business.

LEAD: The K Mart Corporation announced today that it would speed up its previously announced $2.3 billion program to modernize its stores.