Wednesday, November 17, 2004
Kmart, Sears Join Forces
... Kmart (Nasdaq: KMRT) today announcing it was buying Sears (NYSE: S) for $11 billion. The merged company will have 3,500 total stores, and, with $56 billion in sales, it joins Wal-Mart (NYSE: WMT), Home Depot (NYSE: HD), and Target (NYSE: TGT) as one of the biggest four retailers in the country.
Motley Fool