Shareholders signed off yesterday on Kmart Holding Corporation’s $12.3 billion acquisition of Sears, Roebuck and Company, clearing the way for the two struggling rivals to combine into the nation’s ...
Sears and Kmart stores appear to have won a reprieve from liquidation from the company’s chairman late Friday. Eddie Lampert, chairman of Sears Holdings, submitted a bid Friday afternoon as part of an ...
If you still go to a Sears or Kmart store near you for home or garden goods, there’s a good chance you may not be able to for much longer. The company that owns the stores announced on Nov. 7 that a ...
CHICAGO - Kmart is acquiring Sears, one of the most venerable names in U.S. retailing, in a surprise $11 billion deal that will create the nation's third-largest retailer. Shares of both companies ...
NEW YORK (WABC) -- It's yet another sign of how tough it is for former retail giants to compete in a world now dominated by online shopping. Sears said Thursday it would close 108 Kmart stores and 42 ...
Sears Holdings Corp. announced Tuesday that it plans to close 100 to 120 of its Sears and Kmart stores due to poor sales during the holidays. The company said in a notice to investors that it had not ...
In what feels like yet another “Groundhog Day” moment for the retailer, Sears Holdings is closing 28 more Kmart stores. Sears revealed the closures in its Q2 earnings report, which showed that the ...
In a bid to arrest its declining sales numbers, Sears Holdings has shuttered a fleet of its namesake and Kmart stores. The retailer announced on Thursday that it would close 68 Kmart locations and 10 ...
NEW YORK -- Sears continues to shrink. The once iconic American retailer is closing 28 more of its Kmart stores later this year. The new store closures are on top of 180 Sears and Kmart locations that ...
PHILADELPHIA -- Sears Holdings Corp. announced Thursday it will close six Kmart stores in Pennsylvania, including one in Philadelphia. Nationwide, the company plans to close 68 Kmart stores and 10 ...
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