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 ...
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, ...