Vornado shops at Sears
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The REIT bought a 4.3% stake worth &#36;330 million in the retailer, which has significant real estate holdings.
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Shares of Sears, Roebuck &amp; Co. rose 23 percent, the biggest gain since at least 1980, after an investment disclosed by Vornado Realty Trust highlighted the value of the retailer&#39;s real estate.
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Sears, Roebuck & Co.  said on Tuesday it will open a new type of store this spring to build up its presence outside of its traditional shopping mall space.
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Sears, Roebuck & Co. S.N shares  jumped as much as 25 percent on Friday after real estate  company Vornado Realty Trust VNO.N said it raised its stake  in the retailer, a step that could lead Sears convert some of  its real estate assets into cash.
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Sears, Roebuck and Co. and Kmart Holding Corporation announced an agreement to merge into a new retail giant named Sears Holdings Corporation by March 2005, in a deal worth some 11 billion dollars (8.4 billion euros).
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NEW YORK -- Sears and K-mart say they will save $500 million a year if their merger goes through. Some of that will be in job cuts, though the companies aren&#39;t saying how many.
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Sears and Kmart have attracted more attention lately for their real estate than their retailing prowess. The companies, which agreed to merge in an $11-billion deal last week, have garnered investors&#39; interest
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Sears Roebuck and Co. probably will put a new spin on the Sears name for the 56 stores it is taking over from Kmart and Wal-Mart. &quot;Sears will be in the name, but we&#39;re reviewing whether the name will be something
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Discount retailer Kmart Holding Corp.  KMRT.O will buy department store operator Sears, Roebuck &  Co. S.N in a $11.5 billion deal unveiled on Wednesday,  creating the third-largest U.S. retailer.
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Sears, Roebuck &amp; Co. (SN: Quote, Profile, Research) on Thursday said sales at stores open at least a year rose 1.9 percent in October, breaking a string of six straight monthly declines, helped by growth in appliances.
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MILWAUKEE, Wis. - Lands&#39; End is a great brand that might be better off if it wasn&#39;t part of Sears, some retail industry watchers are saying.
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Sears, Roebuck and Co. was once on top of the world, reveling in the popularity of its &quot;big book&quot; catalog from company headquarters in the world&#39;s tallest building.
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Kmarts in Rochester Hills and Woodhaven are among the 50 stores the discount chain will sell to Sears Roebuck &amp; Co. Employees and civic leaders were understandably upset Wednesday after Kmart
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Shares of Sears, Roebuck and Co. were up about 20 percent on Friday after real estate company Vornado Realty Trust said it raised its stake in the retailer, a step that could mean Sears
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A visit to the newly opened Diane Von Furstenbergâs store in the meatpacking district.
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The discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co.
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Retailer Sears Holdings Corp said on Friday that it would close two Sears stores in Hollywood, California, and New York City for business reasons.