Quote:
Originally posted by mmcat
story this morning....kmart and sears are merging and will roll on under the sears name. apparently kmart was improving, but not enough.
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Not quite.
The holding company will be called Sears Holding Co. and a lot of the people on the board will be K Mart people. They will keep their own names as far as the actual stores are concerned.
This is undoubtedly a move to have more buying power against jackasshole Walmart. I would think this would make them bigger than Target, but I guess not (they are probably counting Mervyn's and the other non-Target things Target owns).
http://story.news.yahoo.com/news?tmp...t_sears_merger
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