Kmart - Sears Merger May Bring More Shopping Options to Region
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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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FEW things stir the heart of stock investors like a huge merger deal. And last week&#39;s shotgun wedding between Kmart and Sears, two limping retailers, was no exception.
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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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Sears and Kmart are planning to merge. With the merge, they will become the third largest US retailer, with combined revenue of $55B and more than 3,500 store locations.
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Two days after a pair of the country&#39;s oldest, largest retail companies announced they would join forces, managers at the Bay Area&#39;s Sears and Kmart outlets were guarded in their
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The sudden merger of Sears and Kmart in an $11 billion deal will create a merchandising behemoth that might hold its own against Wal-Mart and Target.
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Eddie Lampert is looking for Target-type valuations in the merger of Kmart and Sears.
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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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Kmart Holding Corporation and Sears, Roebuck and Co. said today that they are merging to form a new retail company called Sears Holdings Corporation that will be the nation&#39;s third largest
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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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(November 18, 2004) - Amid talk of store closings, staff layoffs and name changes, shoppers and others are watching to see how the announced merger of Kmart and Sears will affect Rochester retailing.
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Two closed Kmart stores in the Tampa Bay area are among 50 nationwide acquired by Sears, Roebuck and Co. in a $576-million deal announced Wednesday.
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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 that  will create the third-largest U.S. retailer.
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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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Did Sears run to Kmart to avoid a real estate vulture?
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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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Discount retailer Kmart Holding Corp. is combining with one of the most venerable names in US retailing, Sears, Roebuck &amp; Co., in a surprise $11 billion deal that will create the nation&#39;s third largest retailer.