Kmart Appoints Lewis New CEO, President
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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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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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Kroll Inc., an investigation and risk consulting company owned by Marsh &amp; McLennan Cos. Inc. (MMC.N: Quote, Profile, Research) , has appointed Simon Freakley as chief executive officer and president.
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JC Penney Co. Inc. named a former chairman and chief executive of Macy&#39;s to lead the department store company, replacing Allen Questrom.
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Retailer Kmart Holdings Corp. (KMRT.O: Quote, Profile, Research) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc.
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The retailer's CEO steps down amid a shakeup in operations.
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Kmart is considering moving its Michigan headquarters and bringing up to 1,000 white-collar jobs to metro Atlanta, people familiar with the situation said Thursday.
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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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Two of the biggest names in the retail world are becoming one. In an announcement Wednesday, Kmart and Sears, Roebuck &amp; Co. have agreed to merge in a deal totalling $11 billion.
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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.
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Sears, Roebuck and Co. and Kmart Holding Corp. have agreed to merge to create what would be the third-largest US retailer, with $55 billion in annual revenue.
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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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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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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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CHICAGO, Jan. 28 -- Sears Holdings said Monday that chief executive Aylwin B. Lewis will step down this week, leaving a management void at the top of the department-store chain as it struggles to connect with customers and reinvigorate slumping sales.
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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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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.