Kmart Names Yum Brands&#39; Aylwin Lewis Chief Executive
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Kmart Holding Corp. named Yum! Brands Inc. executive Aylwin Lewis as president and chief executive officer, replacing Julian Day, to reverse declining sales growth.
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U.S. retailer Sears Holdings Corp  said its chief executive Aylwin Lewis will leave the company, effective Feb 2, the latest in a shake-up of the firm that operates the Sears and Kmart chain of stores.
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Supermarket giant Winn-Dixie Stores Inc., struggling against competition from Wal-Mart and other grocery chains, named a new president and chief executive officer Friday, forcing out its previous leader after less than 18 months on the job.
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Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) on Monday named a new president and chief executive in a move that could signal the start of a campaign to revamp the discount retailer&#39;s image.
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Department store group Sears and discount retailer Kmart say they are to merge in a $11bn deal, becoming the US's third largest retailer.
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In the hubbub of Wednesday&#39;s Kmart (nasdaq: KMRT - news - people ) and Sears Roebuck (nyse: S - news - people ) merger stunner, one name has quietly moved to the fore: Edward Lampert, chairman at the Big Red K and a Sears shareholder.
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TROY, Mich. -- Kmart says the final agreement with The Home Depot means it&#39;s selling 18 stores to the home-improvement chain for $271 million.
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Kmart Holding Corp. posted its fourth straight quarterly profit on Wednesday as the discount retailer and Sears, Roebuck and Co. announced an &#36;11 billion merger.
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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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The Dallastown resident said he&#39;d wager that the $11 billion merger of Kmart Holding Corp. and Sears, Roebuck and Co. will create a stronger retailer that is better equipped to compete with discount chains such as Wal-Mart and Target.
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TROY, MICH. - Kmart Holding Corp. will sell 45 of its stores to Sears, Roebuck and Co. for $524 million, Kmart said late last week.
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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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LONDON, November 30  - Kellogg Company (K.NYS) named James Jenness yesterday to take over as the companyâs Chairman and Chief Executive, if Carlos Gutierrez is appointed by the US administration as the next Commerce Secretary.
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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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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a surprise $11 billion deal that creates the  third-largest U.S. retailer, the companies said on Wednesday.
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Sears, Roebuck &amp; Co. and discount retailer Kmart Holding Corp. said on Nov. 17, 2004, that they would merge in an $11 billion deal to form the third-largest US retailer.
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Outgoing Kmart chief executive Julian Day is getting about $90 million in stock options for his leadership at the discount chain, which emerged from bankruptcy in May.