Merger excites Kmart staff
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Accustomed to the uncertainty that has dominated their jobs in recent years, local Kmart workers seemed almost relieved by Wednesday&#39;s announcement of a merger with Sears, Roebuck and Co.
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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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The discount retailer Kmart announced yesterday an $11bn (Â£5.9bn) acquisition of Sears Roebuck, bringing two of the best-known names in American retailing under one roof.
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Department store group Sears and discount retailer Kmart say they are to merge in a $11bn deal, becoming the US's third largest retailer.
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Kmart Holding Corp. may have found its best &quot;Blue Light Special&quot; ever: retailing rival Sears Roebuck &amp; Co. Still, many experts questioned whether the $11 billion buyout would keep the blue lights flashing
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Kmart Holding Corp and Sears, Roebuck and Co said Wednesday that they are merging to form a new retail company called Sears Holdings Corp that will be the US&#39; third-largest retailer with about US$55 billion in annual revenues.
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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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Some employees who stand to lose their jobs when Kmart Holding Corp. sells off stores to Home Depot and Sears may get some help when new store owners take over, company spokesmen said Monday.
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HAMILTON -- It was like the uniting of aging titans -- the surprise announcement yesterday that Sears, the company that brought Americans the bible of catalogue sales, and Kmart, the store that brought us the blue-light special, will be merging to form a
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Many Kmart and Sears employees in metropolitan Indianapolis strolled into their jobs Wednesday morning unaware that their companies&#39; planned to tie the knot in an $11 billion merger.
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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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Two retail giants announced a merger on Wednesday that could mean job loss in Terre Haute and nationally. Kmart Holding Corp. and Sears, Roebuck and Co.
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One catalog expert offered some advice for Kmart chairman Edward Lampert regarding yesterday&#39;s news that Sears and Kmart will merge into a single entity: Don&#39;t touch Lands&#39; End.
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Sears, Roebuck & Co. and Kmart Holding  Corp. on Wednesday said they would merge in an $11 billion deal  to form the third-largest U.S. retailer.
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Up to 1200 store staff employed by US supermarket operator Kmart face redundancy as Home Depot takes over 13 properties following an early summer agreement.
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OK, maybe the merger of Kmart and Sears doesn&#39;t exactly put them in the realm of Wally World, but the $11 billion deal is nonetheless impressive.
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With the $11 billion merger of Sears and Kmart announced Wednesday, a Grand Island financial consultant says the community will have to &quot;wait and see&quot; about the impact it will have on Grand Island&#39;s retail community.