Kmart and Sears Plan to Merge Sears and Kmart announce plans to merge, creating the new Sears Holdings Corp. The company would be be the nation's third-largest retailer with annual revenues of about $55 billion dollars. Chicago Tribune reporter Michael O'Neal says the deal could be very good for Sears. Hear O'Neal and NPR's Steve Inskeep.

Kmart and Sears Plan Merger

Kmart and Sears Plan Merger

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Sears and Kmart announce plans to merge, creating the new Sears Holdings Corp. The company would be be the nation's third-largest retailer with annual revenues of about $55 billion dollars. Chicago Tribune reporter Michael O'Neal says the deal could be very good for Sears. Hear O'Neal and NPR's Steve Inskeep.