News

Kmart claims: * Martha’s company “double-counted” royalties her company owed * She claimed $4.5M too much for royalty payments for the year ending Jan. 31, 2004 and Kmart owes her only $47.5M ...
Federal regulators Thursday filed civil fraud charges against three former Kmart Corp. executives and five current and former managers of big vendors, saying they engineered a $24-million ...
I used to own some shares of Kmart stock. When the company declared bankruptcy in 2002, the stock price plummeted, resulting in my shares becoming worthless. The money I invested was lost and the ...
A big national retailer is closing its last stores in Georgia, where it once reportedly considered moving its headquarters. Kmart, which in years past had dozens of stores in the state, is ...
This is a test. Circle the right answer. Kmart Holding Corp. buying Sears, Roebuck and Co. is best represented by: 5) none of the above. History is full of failed mergers, and from this pile of ...
As the Martha Stewart trial comes to a close, Kmart is hoping to turn the spotlight away from the domestic diva’s legal troubles and toward the Martha Stewart products sold in its stores.
DETROIT? Shares of Kmart Holding Corp. were up more than 14 percent in early afternoon trading, after the discounter reported Monday it swung into a profit in the second quarter, compared with a ...
Two Wrongs Don't Make A Right — In November 2004, Sears merged with Kmart, bringing together two struggling chains. And that move followed Sears' decision the previous year to sell its ...
Kmart Holding Corp., the third-largest U.S. discount retailer, reported its first quarterly profit in three years Thursday after closing stores and cutting jobs during bankruptcy proceedings ...
Kmart is ready for its closeup – on the WB. Kmart’s fashions will star in a cross-promotional campaign with five WB television shows that will help the discount retailer gain ground in the ...
In 2004, still struggling, Kmart bought Sears to form Sears Holdings Corporation. It was an $11 billion sale meant to reinvigorate both companies. But it didn't work, the competition of other ...