MAT Holdings, Inc.

Jeff Bezos-funded company uses tech to make plant-based products that match animal-based counterparts

FORT WORTH, Texas -- RadioShack Corp. here named former Kmart and Sears executive Julian Day as chairman and c.e.o. Day, 54, replaces David Edmondson, who resigned in February because of questions about claims on his resume. Claire Babrowski, the company's president and c.o.o., has served as acting c.e.o. since Edmondson's departure.

PARSIPPANY, N.J. -- After several abortive attempts, Marks & Spencer has once again lined up buyers for Kings Super Markets, the once family-held chain based here. The price is $61.5 million, about half the $110m the British retailer paid for the chain in 1988, while the buyers are an investor group consisting of private-equity firms Angelo, Gordon & Co. and MTN Capital Partners LLC, and retail industry veteran Bruce Weitz.

TROY, Mich. -- Kmart Holding Corp. here said it will convert more about 400 of its stores to a Sears format following its merger with Sears, Roebuck and Co.

TROY, Mich. -- Kmart Holding Corp. here said it will convert more about 400 of its stores to a Sears format following its merger with Sears, Roebuck and Co.

TROY, Mich. -- Richard L. Cozart, the former director of Kmart's supplier diversity initiative, is suing the chain, alleging it sabotaged its own minority vendor program, discriminated against black suppliers, and then fired him for promoting diversity.

TROY, Mich. - Kmart Holding Corp. yesterday launched the Kmart Rewards credit card, which is being managed by Prospect Heights, Ill.-based HSBC-North America's retail services business, a leading issuer of private label (merchant-branded) credit cards in the United States.

TROY, Mich. - Marking the first major investment in its aging store base since emerging from Chapter 11 bankruptcy protection last year, Kmart Holding Corp. plans to renovate a number of its stores in key markets, according to published reports.