Kmart Finalizes Sales to Home Depot
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Discount retailer Kmart Holding Corp. said Monday that it finalized a transaction to sell 18 stores to Home Depot Inc. for a total price of &#36;271 million in cash.
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US retailer Home Depot reached a tentative new agreement Sunday to sell its wholesale unit to a consortium of private equity firms for a reduced price of 8.5 billion dollars, The New York Times reported on its website.
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NEW YORK - US department store operator Sears, Roebuck &amp; Co. and discount retailer Kmart Holding Corp. Wednesday said they would merge in an $11 billion deal to form the third-largest US retailer.
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Kmart Holding Corp. said Monday that it had strong profitability and cash generation in November and December as the discount retailer's decline in same-store sales moderated.
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Home Depot Inc. said Monday it is considering the sale of its wholesale distribution unit as the nation's largest home-improvement retailer renews its focus on its retailing business.
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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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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.
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Wal-Mart Stores Inc. said a surge in after-Christmas shopping spurred December same-store sales gains of about 3 percent, at the high end of its forecast. Kmart Holding Corp. said profit rose 10 percent during the holiday season after it limited deep discounts.
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Home improvement retailer Home Depot Inc said on Monday that under a tender offer that expired on August 31, it agreed to buy 289.331 million shares of its common stock for a total value of $10.7 billion.
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Retailer Kmart Holdings Corp. (KMRT.O) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc. (HD.N) for &#36;271 million.
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Home Depot Inc.  has agreed to sell its supply division to three private equity firms for about $10 billion, sources said on Tuesday, unloading a business built up by the home improvement retailer's former chief executive.
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Home improvement retailer Home Depot  Inc said on Monday that under a tender offer that expired on  August 31, it agreed to buy 289.331 million shares of its  common stock for a total value of $10.7 billion.
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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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TOLEDO -- Attention Kmart shoppers, the discount retailer is buying Sears. Wednesday, Kmart Holding announced its $11 billion purchase of Sears Roebuck.
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Sears Roebuck and Co. has closed the acquisition of ownership or leasehold interest in 50 stores from Kmart Holding Corp., including one location on Oahu, the Chicago retailer said Wednesday.
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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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The parent company of the Sweetwater Kmart, Kmart Holding Corp., announced on Wednesday that they are acquiring department store chain Sears, Roebuck and Co.