The owner of the Kmart chain, which came out of bankruptcy protection just 18 months ago, is buying Sears, Roebuck & Co. in an $11.5-billion deal that would create the nation’s third-largest retail ...
With the announcement that Kmart was buying rival Sears, Roebuck and Co. for $11 billion Wednesday, and create the nation's third-largest retailer, media agencies were primed to see whether the ...
Sears, Roebuck & Co. on Thursday posted a $2.75-billion profit for the fourth quarter thanks to the sale of its credit card unit to Citigroup Inc., but with retail sales sagging the company lowered ...