UH MBA grad takes over as Kmart CEO
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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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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
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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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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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Eddie Lampert became a billionaire with his hedge fund. But combining Kmart and Sears may be his biggest challenge. By Ron Insana.
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Founder and CEO David Kalt takes a bow.
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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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Ellyn A. McColgan will take over from James P. Gorman, the former Merrill Lynch executive who currently heads the retail unit.
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Beverly H. Lorell took a leave from her academic job last year to become chief medical and technology officer for Guidant Corp. The post puts her at the center
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Kmart Holding Corp. has finalized the sale of 50 of its stores to Sears, Roebuck and Co. for $575 million, the retailer said Wednesday.
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Kmart Holding (nasdaq: KMRT - news - people ) has appointed Aylwin Lewis as its new chief executive and president. He takes over from Julian Day, who assumed the reins during some dire times.
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Lewis will also join the Kmart Board of Directors. He joins Kmart from YUM! Brands, Inc., where he was president, chief multi-branding and operating officer.
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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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Is merger mania taking over the retailing industry? After several sleepy years on the acquisition front, merger activity picked up dramatically this year, capped by Kmart
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Kmart and Home Depot have finalized the terms of their deal which will see the sale of 18 Kmart stores to the home-improvement super chain for $271 million in cash.
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From recent grads to senior managers, here's what you need to know to succeed in business.
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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.