TROY, Mich. (AP) — Kmart Corp. announced that it is taking over Bluelight.com LLC, the independent company that runs the retailer's Internet sales operation.
Kmart said it would acquire all the shares and interests of Bluelight.com it doesn't currently own by Aug. 1.
Based in San Francisco, BlueLight.com is an independent company majority owned by Kmart.
The move follows an announcement made in May that BlueLight.com will improve its efficiency and profitability by using the resources of Kmart Corp.
Part of that plan meant the online retailer would use the marketing and merchandising resources of Kmart, and eliminate some jobs in its merchandising and marketing departments.