Lampert Keeps Low Profile As Kmart Chair
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For the last year and a half, industry observers have speculated about Kmart Holding Corp. chairman Edward Lampert's plans since the troubled retailer emerged from bankruptcy. On Wednesday, they found out.
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TOLEDO -- Attention Kmart shoppers, the discount retailer is buying Sears. Wednesday, Kmart Holding announced its $11 billion purchase of Sears Roebuck.
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A graduate of the University of Houston&#39;s master of business administration program has taken over the reins of Kmart Corp. as president and CEO.
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The discount retailer Kmart Holding Corp. is combining with one of the most venerable names in U.S. retailing, Sears, Roebuck &amp; Co., in an &#36;11 billion deal that will create the nation's third largest retailer.
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He's the star of one of the most popular kid shows on television but &#151; just like his series once did &#151; Devon Werkheiser manages to keep a low profile.
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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a $11.5 billion deal unveiled on Wednesday that  will create the third-largest U.S. retailer.
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Kmart Holding Corp. KMRT.O on Monday  said it appointed Aylwin Lewis president and chief executive  officer, effective immediately.
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Yum! Brands Inc. operations chief Aylwin Lewis has resigned from the Louisville restaurant company to become president and chief executive officer of discount retailer Kmart.
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Kmart Holding Corp. KMRT.O, the  discount chain pulled from bankruptcy by hedge fund operator  Edward Lampert, will buy Sears, Roebuck & Co. S.N for $10.85  billion in a bold play to revive two of America's best-known,  but long-struggling, retail brands.
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The arts and crafts retailer doesn't need to bend over backward to impress investors.
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Kmart Holding Corp. , the discount chain pulled from bankruptcy by hedge fund operator Edward Lampert, will buy Sears, Roebuck & Co.  for &#36;10.85 billion in a bold play to revive two of America's best-known, but long-struggling, retail brands.
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The discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co.
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Home furnishings retailer lowers expectations.
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Yum! Brands Inc. operations chief Aylwin Lewis is leaving the Louisville restaurant company to become president and chief operating officer of discount retailer Kmart.
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Ed Lampert came out of stealth mode when he announced the acquisition of Sears (S:NYSE - news - research) by Kmart (KMRT:Nasdaq - news - research) Wednesday.
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Kmart Holding Corp. reported its fourth straight quarterly profit Wednesday, but most investors&#39; focus was on the discount retailer&#39;s $11 billion acquisition of Sears, Roebuck and Co.
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DreamWorks SKG co-founder David Geffen laughs when asked what it&#39;s like to invest with Edward Lampert, the hedge fund manager and Kmart chairman who startled the