Lampert Keeps Low Profile As Kmart Chair
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For the last year and a half, industry observers have speculated about Kmart Holding Corp. chairman Edward Lampert's plans since the troubled retailer emerged from bankruptcy. On Wednesday, they found out.
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Kmart Holding Corp. KMRT.O 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's image.
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The discount retailer Kmart Holding Corp. is combining with one of the most venerable names in U.S. retailing, Sears, Roebuck &amp; Co., in an &#36;11 billion deal that will create the nation's third largest retailer.
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Retail chains from discounters like Kmart to department stores like Sears are under renewed scrutiny, not so much for what they sell as for the ground they stand on.
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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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Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) said on Thursday it would sell 45 stores for $524 million to Sears, Roebuck and Co.
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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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Eddie Lampert became a billionaire with his hedge fund. But combining Kmart and Sears may be his biggest challenge. By Ron Insana.
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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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Attention, Kmart shoppers: For a limited time you can bask in the company&#39;s new-found solvency. This may not last long, so enjoy it while you can.
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The arts and crafts retailer doesn't need to bend over backward to impress investors.
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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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Add Atlanta to the list of potential sites for Kmart Holding Corp.&#39;s new headquarters. The Troy-based company with about 2,000 corporate employees is looking for up to 300,000 square feet of office space, Atlanta media are reporting this week.
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Eddie Lampert is looking for Target-type valuations in the merger of Kmart and Sears.
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About 10 days ago, Edward S. Lampert placed a call to his newest hire, Aylwin B. Lewis, whom he had installed as the chief executive of Kmart only a week earlier.
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The retailer cited lower overall sales and weaker operating results from Kmart and its domestic Sears operations.
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Contrary to multiple reports appearing on the Web, Kmart will continue to sell both HD DVD and Blu-ray products.