Walgreens(WAG) announced today that it has reached an agreement to acquire prescription files and inventory from 33 Kmart pharmacies in 16 states from Sears Holdings(SHLD). A quick look at the locations reveals that these are the Kmart locations scheduled to be closed in the next few months. The first transition already happened 3 days...
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Posts Tagged ‘ Sears Holdings ’
Sears Sells Inventory And Customer Lists From Kmart’s Pharmacies To Be Closed To Walgreens
When Sears Is All You Have- Small Towns Plead In Vain For Sears To Stay
We have written previously about Sears(SHLD) closing dozens of stores. Now, the Huffington Post reports on some of the small cities and towns where Sears has announced closings that are desperate to keep their stores. Now, at least four of the places affected — Jackson, Miss., Cleveland, Tenn., New Smyrna Beach, Fla., and Harper...
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After Years of Drift, a New Approach at Sears
Perrenial value trap Sears Holdings(SHLD) is the subject of an excellent article at Bloomberg Businessweek. After Eddie Lampert’s initial success buying Kmart bonds in bankruptcy, hoped were high that through its merger with Sears, he would be able to monetize undervalued real estate and invest the proceeds elsewhere. Aside from some muddling with credit...
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