It’s one of the most amazing corporate comeback stories in recent history: Only 18 months out of bankruptcy, Kmart Corp. launches an $11 billion takeover offer for Sears, Roebuck and Co. Where did ...
NEW YORK – 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 ...
TROY, Mich., Oct. 5 (UPI) -- Kmart plans to renovate as many as 20 U.S. stores as it tests prototypes, the Wall Street Journal reported Tuesday. Last week work started on Kmart stores in White Plains, ...
DETROIT — 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, ...