Retail Roundup: Kmart and Sears Merge, Barneys Sold, Bluefly Sets Up Shop
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Fashion Wire Daily - Fashion Wire Daily November 19, 2004 - NEW YORK - With the holiday season nigh, retail giants have been doing some shopping of their own. Last week, retailer to the masses, Jones Apparel Group, acquired Barneys New York Inc., causing fashionistas the world over to perspire over the fate of the luxury retailer. Then, trumping the JNA-Barneys deal entirely, Kmart and Sears merged to create the third largest U.S. retailer.
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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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New York -- Few things stir the heart of stock investors like a huge merger deal. And last week&#39;s shotgun wedding between Kmart and Sears, two limping retailers, was no exception.
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Kmart (KMRT) has just pulled the rough equivalent of a refrigerator out of its hat. Make that a Kenmore brand refrigerator from Sears (S).
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Sears, Roebuck begins selling apparel and home furnishings online. Also: IBM launches a new, cheaper line of servers & hellip;. Cisco plans a new line of low-end routers & hellip;. and more.
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The merger of Sears, Roebuck &#38; Co. and Kmart Holding Corp. will produce a retailer to be known as Sears Holdings Corp. The combined company has applied to list its stock on Nasdaq under a yet-to-be-announced stock symbol, the two companies said in merger documents filed Tuesday.
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Sears, Roebuck &amp; Co. and discount retailer Kmart Holding Corp. said on Nov. 17, 2004, that they would merge in an $11 billion deal to form the third-largest US retailer.
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The debut of Sears Holding Corp. drew mixed reviews Wednesday as Wall Street cheered while retail experts scratched their heads. Kmart Holding Corp.
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Two retail giants announced a merger on Wednesday that could mean job loss in Terre Haute and nationally. Kmart Holding Corp. and Sears, Roebuck and Co.
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(November 18, 2004) - Amid talk of store closings, staff layoffs and name changes, shoppers and others are watching to see how the announced merger of Kmart and Sears will affect Rochester retailing.
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The US discount retailer Kmart Holding Corp. announced on Wednesday it is combining with Sears, Roebuck &amp; Co. in an 11-billion-dollar deal that will create the third largest retailer in the United States.
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Sears, Roebuck & Co. and Kmart Holding Corp. on Wednesday said they would merge in an &#36;11 billion deal to form the third-largest U.S. retailer.
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The US retail companies Sears Roebuck and Company and K-Mart have agreed to merge in a deal they say is worth $11 billion. The merger announced early Wednesday will create a new company called Sears Holding Corporation.
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Kmart, fresh from bankruptcy and ready for action, is buying Sears in a surprising $11 billion gamble aimed at helping the two chains survive the onslaught of their giant competitors Wal-Mart and Target.
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Two closed Kmart stores in the Tampa Bay area are among 50 nationwide acquired by Sears, Roebuck and Co. in a $576-million deal announced Wednesday.
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Kmart Holding Corp. posted its fourth straight quarterly profit on Wednesday as the discount retailer and Sears, Roebuck and Co. announced an &#36;11 billion merger.
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Discount retailer Kmart Holding Corp.  will buy department store operator Sears, Roebuck & Co. in a  $11.5 billion deal unveiled on Wednesday, creating the  third-largest U.S. retailer.