The Local Scene-Some local talk about Sears-Kmart merger
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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. (KMRT.O: Quote, Profile, Research) will buy department store operator Sears, Roebuck &amp; Co.
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In the early 1980s, Sears and Kmart were American retail giants, with gobs of money, huge portfolios of real estate and loyal customer bases that should have made them fast-growing fulfillers of Americans&#39; insatiable demand for more stuff.
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Kmart Holding Corp. and Sears, Roebuck and Co. merged in an $11 billion stock and cash deal that will create the country&#39;s third-largest retailer, after Wal-Mart and Home Depot.
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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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Sears, Roebuck & Co. and Kmart Holding Corp. on Wednesday said they would merge in an $11 billion deal to form the third-largest U.S. retailer.
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What will happen to Grass Valley&#39;s Kmart and Sears stores remains to be seen after their parent firms announced a merger Wednesday.
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AILING US stores giant Kmart is hoping that sharing a sick bed with rival Sears Roebuck will cure its ills. The pair, under siege from Goliaths Wal-Mart and Target, yesterday unveiled plans for a Â£6bn merger.
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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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Kalamazoo-area Kmart customers say that store&#39;s merger with Sears could mean stiff competition for retail powerhouses such as Wal-Mart.
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A Kmart employee pushes shopping carts into the store in the Northridge section of Los Angeles Wednesday, Nov. 17, 2004. Kmart is acquiring Sears, one of the most venerable names in US retailing, in a surprise
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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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GRAND RAPIDS, Mich. Kmart&#39;s pending acquisition of Sears has a number of suppliers wondering how it will affect their business.
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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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Kmart is acquiring Sears, Roebuck &amp; Company for $11 billion with the combined estimated earnings of the two making it the third-largest retailer in the United States.
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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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Kmart Holding Corp. may have found its best &quot;Blue Light Special&quot; ever: retailing rival Sears Roebuck &amp; Co. Still, many experts questioned whether the $11 billion buyout would keep the blue lights flashing