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Business / Sears-Kmart Merger #771530

NBC Evening News for Wednesday, Nov 17, 2004
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(Studio: Tom Brokaw) Report introduced.

(New York: Anne Thompson) The merger of struggling retailers Sears, Roebuck & Co. and Kmart featured; details given of the advantages for both companies. [Deutsche Bank Securities Inc. Bill DREHER†- says Sears has a tremendous quality connection to its name.] [Chicago consumer Karen MYERS‡- explains why she likes Kmart.] [UBS retail analyst Gary BALTER†, voice of Kmart chairman Edward LAMPERT†- comment on the proximity of Kmart stores to customers.] [Sears CEO Alan LACY†- cites advantages over Target & Wal-Mart.]

(Studio: Tom Brokaw; New York: David Faber) The newly combined company’s ability to compete with Wal-Mart and how pricing will be affected discussed.

(Studio: Tom Brokaw) Stock Market Report.

Brokaw, Tom;
Thompson, Anne;
Faber, David

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