Mega Billion Dollar Merger May Not Affect Local Stores

Sears and K-Mart have officially merged.

The two companies are now known as Sears Holdings Corporation.  It's the nation's third largest broadline retailer with about $55 billion in annual revenue.

The deal won't affect the Sears store in Nacogdoches because it's independently owned.  No word yet on how the merger will affect the Sears store in Lufkin.