11/17/2004

1 struggling retailer + 1 struggling retailer = ?

1 struggling retailer + 1 struggling retailer = ? My Way News reports: "CHICAGO (AP) - The discounter Kmart Holding Corp. (KMRT) is acquiring one of the most venerable names in U.S. retailing, the department store operator Sears, Roebuck & Co. (S), in a surprise $11 billion deal that will create the nation's third largest general merchandise retailer."

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