Kmart

Kmart Corporation (/ˈkmɑːrt/ KAY-mart), now operated by Transformco, is an online retailer in the United States and operates 6 remaining Kmart big-box department stores — 3 in the US Virgin Islands and one each in Miami, Florida; Bridgehampton, Long Island; and Tamuning, Guam.

Kmart Corporation
Company typeSubsidiary
IndustryRetail
Founded
  • July 31, 1899 (July 31, 1899) (as Kresge's)
  • November 23, 1977 (November 23, 1977) (as Kmart)
  • Garden City, Michigan
FounderS. S. Kresge
Headquarters
Number of locations
6
Areas served
Kmart.com: The 50 United States +APO/FPO.

Physical stores: US Virgin Islands, Guam, The Hamptons, Miami area

Products
  • Clothing
  • shoes
  • linen and bedding
  • jewelry
  • accessories
  • health and beauty products
  • electronics
  • toys
  • food
  • drinks
  • sporting goods
  • automotive
  • hardware
  • appliances
  • housewares
  • pet products
  • pharmacy
  • garden center
RevenueUS$25.146 billion (2015 SHC)
ParentTransformco
Websitekmart.com

Prior to 2018, Kmart owned and operated a much larger chain of Kmart stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets from Sears Holdings.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.