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DTSTART;VALUE=DATE:20261117
DTEND;VALUE=DATE:20261118
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CREATED:20210727T041651Z
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UID:10001517-1794873600-1794959999@buymichigannow.com
SUMMARY:Sears purchases Troy-based Kmart for $11 billion
DESCRIPTION:Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart\, but both brands would continue to struggle and close stores.
URL:https://buymichigannow.com/event/sears-purchases-troy-based-kmart-for-11-billion/2026-11-17/
CATEGORIES:On This Day
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DTSTART;VALUE=DATE:20271117
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DTSTAMP:20260408T214344
CREATED:20210727T041651Z
LAST-MODIFIED:20231016T140134Z
UID:10001518-1826409600-1826495999@buymichigannow.com
SUMMARY:Sears purchases Troy-based Kmart for $11 billion
DESCRIPTION:Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart\, but both brands would continue to struggle and close stores.
URL:https://buymichigannow.com/event/sears-purchases-troy-based-kmart-for-11-billion/2027-11-17/
CATEGORIES:On This Day
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