NEW YORK -- The $11 billion merger of Kmart and Sears will result in an expansion of off-mall stores carrying convenience and pantry food items, but the new retail giant doesn't appear likely to remain an operator of superstores that include a full-service grocery component. At the press conference announcing the deal last week, Aylwin Lewis, Kmart's chief executive officer and the newly named CEO of Retail for the combined Sears Holdings, only told SN he is examining the future of Super K, ...
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