Sears has launched a new online movie download service called Alphaline Entertainment. It lets customers of Sears and Kmart download movies the day they’re released on TV. 

Sonic Solutions said today it has entered into an agreement with Sears to provide consumers access to entertainment on a range of Internet connected devices including TVs, Blu-ray players, and mobile phones.

Under the multi-year agreement, Sears has licensed Sonic Solutions’ RoxioNow platform, which will power digital entertainment delivery services for both Sears and Kmart. The new services will launch later this year and will be promoted at retail stores nationwide.

Toshiba says that discount retailer Kmart will only sell Toshiba HD DVD players and will not offer Blu-ray players.

The other day, shareholders approved the merger of Sears, Roebuck and Co. and Kmart Holding Corporation.

The merger of Sears, Roebuck and Co. and Kmart Holding Corporation was approved yesterday by shareholders of both companies.

Yesterday shareholders of Sears, Roebuck and Co. and Kmart Holding Corporation approved the merger of the two companies.

In separate special meetings today, the respective shareholders of Sears, Roebuck and Co. and Kmart Holding Corporation approved the merger of the two companies.

Kmart Holding Corporation announced today results for the fourth quarter and full year of Fiscal 2004.

Sears, Roebuck and Kmart will hold special meetings of their shareholders on March 24, 2005 to vote on the companies’ proposed merger.