Who would have guessed that K-Mart and Sears would have merged to create a new company! Sears Holding Corp. is the fresh title. “The new company is expected to have $55 billion in annual revenues and 3,500 outlets. It will be the third largest retailer in the U.S., after Wal-Mart Stores Inc. and Home Depot Inc.”
I am shocked by this merger! I really do wish the best for K-Mart and Sears, but it really doesn’t make too much sense. Both companies have been struggling to keep up as of late, and both companies have different images!
Sears has a great reputation for the quality of their tools and other home appliances. I’m wondering how that will match up with the saying “K-Mart Fall Apart!” Is Martha Stewart still going to be around and involved with Sears Holding Corp.? I really hope that they have some excellent ideas for success, because I think this will be a huge challenge.