Kmart&#39;s man of mystery
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Eddie Lampert, engineer of the Kmart-Sears merger, is as secretive as he is successful. Even Aylwin Lewis, the executive hired by Lampert last month to run Kmart, had no idea that his new
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DETROIT - For the last year and a half, industry observers have speculated about Kmart Holding Corp. chairman Edward Lampert&#39;s plans since the troubled retailer emerged from bankruptcy.
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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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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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A graduate of the University of Houston&#39;s master of business administration program has taken over the reins of Kmart Corp. as president and CEO.
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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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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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Has the retailer's outspoken CEO outdone himself this time?
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Despite ongoing hardships, the retailer shows glimmers of opportunity.
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The California department store operator might look interesting to acquirers.
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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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A Fool puts warehouse shopping to the test.
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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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A resurgent Kmart, home of the blue light special, is buying the once-dominant Sears department store chain in a surprising $11 billion gamble it is counting on to help both better compete with Wal-Mart and other big-box retailers.
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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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Is the clothing retailer a dressed-up delight?
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Two struggling retailers with dismal sales merge, and how do investors react? They send the stocks of both companies soaring. With last week&#39;s surprise announcement that Kmart Holding Corp.