KMART'S LONG INVOLVEMENT IN FOOD IS POISED TO FADE

Now that the dust kicked up by the announcement of the proposed $11-billion buy of Sears by Kmart is starting to settle, let's take a look at long-fomenting strategies involving the discounter and what they may mean for the supermarket industry.At first glance, it might seem that Kmart-Sears bodes little for the food retailing business, but there's more going on than what appears on the surface. That's

Now that the dust kicked up by the announcement of the proposed $11-billion buy of Sears by Kmart is starting to settle, let's take a look at long-fomenting strategies involving the discounter and what they may mean for the supermarket industry.

At first glance, it might seem that Kmart-Sears bodes little for the food retailing business, but there's more going on than what appears on the surface. That's because Kmart has long been viewed by deal-makers as clay to be formed into a barr

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