Sears-Kmart Deal Highlights Future Retail Trend
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The planned acquisition of Sears, Roebuck and Co. by Kmart Holding Corp. highlights a changing retail environment that could soon eliminate the department store as we know it, analysts and consultants said on Friday.
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OK, maybe the merger of Kmart and Sears doesn&#39;t exactly put them in the realm of Wally World, but the $11 billion deal is nonetheless impressive.
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Discount retailer Kmart Holding Corp. and department store operator Sears, Roebuck &amp; Co. said Wednesday that they agreed to merge in an $11 billion cash and stock deal that will create the nation&#39;s third largest
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US stocks rose as Kmart Holding Corp.&#39;s $11 billion offer for Sears, Roebuck &amp; Co. lifted retailers and Hewlett-Packard Co.
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The retailer shows its turnaround may be working.
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DETROIT - For the last year and a half, industry observers have speculated about Kmart Holding Corp. chairman Edward Lampert&#39;s plans since the troubled retailer emerged from bankruptcy.
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BIRMINGHAM, Ala. -- Two big stores are preparing for a mega-merger. Kmart Holding Corp. and Sears, Roebuck and Co. have decided to join forces.
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Yesterday&#39;s deal between Kmart Holding Corp. and Sears, Roebuck and Co. likely will mean more choices for consumers but fewer for area employees.
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Sears, Roebuck & Co. S.N and  discount retailer Kmart Holding Corp. KMRT.O on Wednesday  said they would merge in an  $11 billion deal to form the  third-largest U.S. retailer.
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Did Sears run to Kmart to avoid a real estate vulture?
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Two struggling retailers with dismal sales merge, and how do investors react? They send the stocks of both companies soaring. With last week&#39;s surprise announcement that Kmart Holding Corp.
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Discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co., in a surprise $11 billion deal that will create the nation&#39;s third largest retailer.
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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.
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A resurgent Kmart, home of the blue light special, is buying the once-dominant Sears department store chain in a surprising $11 billion gamble it is counting on to help both better compete with Wal-Mart and other big-box retailers.
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The merger with Sears, Roebuck and Co. has possible negative implications for Kmart Holding Corp.&#39;s future in Michigan, some analysts and observers said Wednesday.
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Kmart Holding Corporation and Sears, Roebuck and Co. said today that they are merging to form a new retail company called Sears Holdings Corporation that will be the nation&#39;s third largest
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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.