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Kmart

Kmart (/ˈkmɑːrt/ KAY-mart), formerly legally registered as Kmart Corporation, now operated by Transformco, is an online retailer in the United States and operates six remaining Kmart big-box department stores — 3 in the US Virgin Islands[5][6][7] and one each in Kendale Lakes, Florida (Miami postal address);[4] Bridgehampton, Long Island;[8] and Tamuning, Guam.[9]

For the Australian retailer and flagship brand of Wesfarmers's Kmart Group, see Kmart Australia. For other uses, see Kmart (disambiguation).

Company type

  • July 31, 1899 (July 31, 1899) (as Kresge's)
  • November 23, 1977 (November 23, 1977) (as Kmart)
  • Garden City, Michigan

6[1]

Kmart.com: The 50 United States +APO/FPO.[2]

Physical stores: US Virgin Islands, Guam, The Hamptons, Miami area[1]

  • 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

US$25.146 billion (2015 SHC)[3]

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.[10] The first store with the Kmart name opened in 1962 in Garden City, Michigan.[11] 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.[12][13][14][15] From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation.[16] 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.

Kmart is a chain of discount department stores that are usually free-standing or located in strip malls. They carry compact discs (CDs), , TV shows on DVD, electronics, bedding, household hardware, sporting goods, clothing, toys, jewelry, office supplies, health and beauty products, over-the-counter medications, home decor, and a limited selection of food items. Many also once held garden centers, Jackson Hewitt tax centers, pharmacies, and/or a K-Cafe or delicatessen. Kmart stores range from 80,000–110,000 sq ft (7,400–10,200 m2). Most of them were either converted to or rebranded as Big Kmart while some were converted into Super Kmart stores.

DVDs

The Saving Place 1960s–1990

Your Lowest Price is a Kmart Price 1990–1998

S. S. Kresge

[236]

(1959–1972, president and general manager; 1966–1972, CEO)[243][244]

Harry Blair Cunningham

[244]

Bernard Fauber (1980–1987, chairman, CEO)

[244]

(1987 – May 1995, CEO)[244]

Joseph E. Antonini

(June 1995 – April 2000, president, chairman; June 1995-March 2002 CEO)[244]

Floyd Hall

Charles Conaway

[244]

(2002 – January 2003, president, chairman, CEO; )[244][245]

James B. Adamson

Julian Day (March 2002, president, COO; January 2003 – September 2004, president, COO, CEO)[246]

[245]

(October 2004 – December 2007, president, CEO)

Aylwin Lewis

(January 2008 – February 2011)[247]

W. Bruce Johnson

Herman Darling (March 2011 – December 2012)

(January 2013 – October 2018, still on board after filing for bankruptcy)

Eddie S. Lampert

Kmart Australia

Sears Holdings

Transformco

Turner, Marcia Layton (2003). . Hoboken, New Jersey: John Wiley & Sons. ISBN 978-0-471-43593-8. Archived from the original on February 18, 2012. Retrieved September 30, 2011.

Kmart's Ten Deadly Sins: How Incompetence Tainted an American Icon

Official website

SEC filings