Kmart Appoints Lewis New CEO, President
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DETROIT - The retailing company Kmart Holding Corp. has appointed Aylwin Lewis, formerly an executive at the restaurant operator Yum Brands Inc.
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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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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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Wells Fargo & Co. , the  fifth-largest U.S. bank, on Wednesday named John Stumpf chief  executive, replacing Richard Kovacevich, who will remain  chairman.
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Kmart, which emerged from bankruptcy just last year, announced yesterday it would buy Sears for $11 billion to create the country&#39;s third-largest retailer.
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Retailer Kmart Holdings Corp. is considering moving its headquarters from Michigan, the state&#39;s economic development agency said.
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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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Shares of Kmart Holding Corp. surged 17 percent Monday after the discount retailer reported a profit for the second quarter and said chairman and majority owner Edward Lampert is now free to invest the company's &#36;2.6 billion in surplus cash.
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Struggling Krispy Kreme Doughnuts has named new top executives, retained a financial adviser and said it is taking other steps to address its current situation.
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When resurgent discount retailer Kmart (Nasdaq: KMRT) branded a new CEO, it was rumored that chairman Edward Lampert might have designs on merging the company with Sears (NYSE
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Retailer Sears Holdings Corp  said its  Chief Executive Aylwin Lewis will leave the company, effective  Feb 2.
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Wells Fargo & Co. , the fifth-largest U.S. bank, on Wednesday named John Stumpf chief executive, effective immediately, replacing Richard Kovacevich, who will remain chairman.
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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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Kellogg Co. on Monday announced the appointment of James M. Jenness as chairman and chief executive, following the resignation of Carlos Gutierrez to take the post of US Commerce Secretary.
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The retailing company Kmart Holding Corp. has appointed Aylwin Lewis, formerly an executive at the restaurant operator Yum Brands Inc., as its new chief executive and president.
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JC Penney Co. Inc. named a former chairman and chief executive of both Macy&#39;s and luxury retailer LVMH Moet Hennessy Louis Vuitton, to lead the department store company, replacing Allen Questrom.
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Bleach and household products maker   Clorox Co. CLX.N on Wednesday named Donald Knauss, the   departing president of Coca-Cola Co.'s KO.N North American   operations, as chairman and chief executive, effective October.