Kmart, Sears to Merge in $11 Billion Deal

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  • Fred Quimby
    Confirmed User
    • Jul 2004
    • 5430

    #1

    Kmart, Sears to Merge in $11 Billion Deal

    WOW

    http://story.news.yahoo.com/news?tmp...t_sears_merger
  • LaurieX
    Confirmed User
    • Feb 2003
    • 1541

    #2
    Wow!!!!!
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    THE BANNER YOU ARE TRYING TO RUN IS CAUSING ERRORS FOR EVERYONE ON GFY. PLEASE CORRECT IT!!!

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    • adamneve
      LIVING LA VITA LOCA
      • Oct 2002
      • 13333

      #3
      WOW!
      that's big news
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      • webmaster x
        Confirmed User
        • Mar 2004
        • 4400

        #4
        one word: wow
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        • Herb Kornfield
          Is on the 1
          • Sep 2002
          • 4996

          #5
          Kmart will be phased out in time of course.

          Sears will want to revamp the look altogether plus once martha stewart gets outta jail, its going to make MAD bank for Sears.

          Masterstroke of a deal.

          Comment

          • Bigwilly
            Confirmed User
            • Oct 2003
            • 1101

            #6
            eithor way both companys are being run into the ground by walmart, they are only prolonging their death

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            • Nysus
              Confirmed User
              • Aug 2001
              • 7817

              #7
              Originally posted by Bigwilly
              eithor way both companys are being run into the ground by walmart, they are only prolonging their death
              Sears has a higher-class image so if they actually keep their prices near Wal-marts then I think they'll attract a large consumer base..

              Matt
              What name is pr0 / Untouched Markets using these days? Untouched Markets - pr0 - Refund My Money Now

              Someone owes me $2,000 because they didn't do any work that was paid for *pointing at pr0 / William / UntouchedMarkets*

              See http://www.gfy.com/showthread.php?p=16744521 and for more detailed see http://www.gfy.com/showthread.php?t=948645

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              • FreeOnes
                Confirmed User
                • Jul 2001
                • 3406

                #8
                next year you will read a lot of negative stories
                and your stocks halfed

                This is how it most of the times turns out....

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                • bestwaysex
                  Confirmed User
                  • Jan 2004
                  • 154

                  #9
                  Kmart went bankrupt last year, didn't it?

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                  • lazycash
                    Troll Patrol
                    • Aug 2002
                    • 15214

                    #10
                    Sears Kmart
                    Rename it Smart
                    "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

                    Its crazy..."

                    VenusBlogger

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                    • Sarah_Jayne
                      Now with more Jayne
                      • Dec 2002
                      • 40077

                      #11
                      grandparent's across the country rejoice..powertools and knitwear in one place.

                      Comment

                      • Babagirls
                        Text Writer
                        • Feb 2001
                        • 18812

                        #12
                        Originally posted by lazycash
                        Sears Kmart
                        Rename it Smart
                        hey, thats a good idea! lol




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                        • candyflip
                          Carpe Visio
                          • Jul 2002
                          • 43074

                          #13
                          Originally posted by Bigwilly
                          eithor way both companys are being run into the ground by walmart, they are only prolonging their death
                          Sears is in almost EVERY mall in the country. Wal-Mart isn't.

                          That's a big plus for K-Mart/Sears.

                          Spend you some brain.
                          Email Me

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                          • bringer
                            i have man boobies
                            • Jul 2003
                            • 13082

                            #14
                            Originally posted by candyflip
                            Sears is in almost EVERY mall in the country. Wal-Mart isn't.

                            That's a big plus for K-Mart/Sears.
                            being in a mall doesnt mean much
                            why drive downtown and goto the mall when you can go around the corner to walmart and get a better deal? if someone is going to buy some tools or a dryer, maybe they'll make the trip
                            but day to day stuff will goto walmart
                            people want easy access and cheap prices
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                            • Red Ezra
                              redezra.com
                              • May 2004
                              • 4678

                              #15
                              that's pretty big news

                              Comment

                              • ArkansasDave
                                Confirmed User
                                • Jan 2002
                                • 2148

                                #16
                                Thats a biggie.
                                Hope it works out ok for Bob Vila and his tools...
                                -ArkansasDave!

                                ICQ: 759-84452



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                                • vixm
                                  Confirmed User
                                  • Sep 2004
                                  • 605

                                  #17
                                  Oh Sh*T ::

                                  Good Move for Bankrupt KMart

                                  Bad Move for Future Bankrupt Sears
                                  [sig offline]

                                  Comment

                                  • PerfectionGirls
                                    Too lazy to set a custom title
                                    • Oct 2002
                                    • 4484

                                    #18
                                    Glad I bought that Kmart Stock a few years back at .66 a share. Woot Woot!

                                    !0,000 shares is going to be a pretty pa day!
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                                    • webmaster x
                                      Confirmed User
                                      • Mar 2004
                                      • 4400

                                      #19
                                      Originally posted by lazycash
                                      Sears Kmart
                                      Rename it Smart
                                      that's a good idea.
                                      Click 9500 FHG Text Descriptions--Only $89!

                                      Comment

                                      • candyflip
                                        Carpe Visio
                                        • Jul 2002
                                        • 43074

                                        #20
                                        Originally posted by bringer
                                        being in a mall doesnt mean much
                                        why drive downtown and goto the mall when you can go around the corner to walmart and get a better deal? if someone is going to buy some tools or a dryer, maybe they'll make the trip
                                        but day to day stuff will goto walmart
                                        people want easy access and cheap prices
                                        I don't live in the sticks. Walmart and the mall are seperated by a parking lot.

                                        Spend you some brain.
                                        Email Me

                                        Comment

                                        • PerfectionGirls
                                          Too lazy to set a custom title
                                          • Oct 2002
                                          • 4484

                                          #21
                                          Kmart went bankrupt last year, didn't it?
                                          No, they did in 2001 Im pretty sure and came out of it early 2002. Then started trading on the stock market again. I bought up 10k in shares at .66 each. I had been up to about 6.00 a share and I almost sold. I need to see where Sears is at.
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                                          • GTS Mark
                                            Vrume Mark
                                            • Jan 2001
                                            • 20912

                                            #22
                                            Wow big merger

                                            I don't think Sears will go the walmart route (big discount store), I believe they will use K-marts infrastructure and excellent relationships it has with dealers to negotiate lower prices and increase margins across the board.

                                            Sears has made so much money off their credit cards it's ridiculous. When I worked there in College, many old time managers told me the only reason Sears was still in business after all the years was because of the Sears Card.

                                            I think this is a good deal for both companies IMHO

                                            DH

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