GlobeSt.com UPDATE: Kmart, Sears Close 50-Store, $576M Deal
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TROY, MI-Kmart and Sears have closed a deal in which Kmart will sell 50 stores to Sears for $575.9 million. Troy-based Kmart Holding Corp.
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Retailer Kmart Holdings Corp. KMRT.O  on Monday finalized a deal to sell 18 of its stores to Home  Depot Inc. HD.N for $271 million.
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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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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. (KMRT.O: Quote, Profile, Research) said on Thursday it would sell 45 stores for $524 million to Sears, Roebuck and Co.
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Wednesday&#39;s announcement that Kmart is acquiring Sears in an $11 billion deal spawned a lot of questions and comments at the Rolla outlets of the two companies.
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Discount retailer Kmart Holding Corp. Monday announced that it finalized a transaction to sell 18 stores to Home Depot Inc. for $271 million in cash.
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By Anne D&#39;Innocenzio, Associated Press, 11/18/2004 09:11. NEW YORK  The $11 billion deal between Kmart and Sears is seen as a high-risk gamble to some analysts, who say the struggling discounter and struggling
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Kmart (KMRT:Nasdaq - news - research) continued to make progress realizing value for its real-estate portfolio Monday, completing an agreement to sell 18 stores to Home Depot (HD:NYSE - news - research) for $271 million.
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Stocks closed higher on Wall Street as investors welcomed the merger of Kmart Holding Corp. and Sears. However, climbing oil prices restricted gains.
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Two battered icons of the American shopping landscape, Kmart and Sears, yesterday announced an $11 billion merger that will create the nation&#39;s third largest retailer, with 3,500 stores.
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One catalog expert offered some advice for Kmart chairman Edward Lampert regarding yesterday&#39;s news that Sears and Kmart will merge into a single entity: Don&#39;t touch Lands&#39; End.
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Two of the biggest names in the retail world are becoming one. In an announcement Wednesday, Kmart and Sears, Roebuck &amp; Co. have agreed to merge in a deal totalling $11 billion.
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Sears, Roebuck and Co. and Kmart Holding Corporation announced an agreement to merge into a new retail giant named Sears Holdings Corporation by March 2005, in a deal worth some 11 billion dollars (8.4 billion euros).
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U.S. stocks advanced on Wednesday  after Kmart's plan to buy Sears in an $11.5 billion  deal was  announced and computer maker Hewlett-Packard Co. HPQ.N posted  solid earnings, but higher oil prices prompted some investors  to sell equities.
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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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Retailer Kmart Holdings Corp. (KMRT.O) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc. (HD.N) for &#36;271 million.