Challenging the Competition: Mega-mergers and Supply Chain Technology
P.J. Jakovljevic - April 19, 2005

Market Impact

In the face of the mega-retail stores, like Wal-Mart and Target, some of America's oldest retailers have joined forces to remain competitive. Late 2004, Kmart Holding Corporation (NASDAQ:KMRT) and Sears, Roebuck and Co. (NASDAQ:S) signed a definitive agreement to merge. Following suit, Federated Department Stores, Inc. (NYSE:FD) and The May Department Stores Company (NYSE:MAY) announced February that they also entered into a merger agreement...