Kmart

Kmart

About Kmart

Kmart, sometimes styled as "K-Mart," is a chain of discount stores headquartered in the United States. The chain acquired Sears in 2005, forming a new corporation under the name Sears Holdings Corporation. The company was founded in 1962 and is the third largest discount store chain in the world, behind Walmart and Target, with stores in the United States, Puerto Rico, the U.S. Virgin Islands, and Guam (which houses the world's largest Kmart). As of January 29, 2011, Kmart operated a total of 1,307 (6 closing by early 2011) Kmart stores across 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands. This store count included 1,278 discount stores, averaging 93,000_sq_ft (8,600_m), and 29 Super Centers, averaging 169,000 sq_ft (15,700_m). Kmart became known for its "Blue Light Specials." They occurred at surprise moments when a store worker would light up a mobile police light and offer a discount in a specific department of the store.

Contributions by Caldorwards4, OtherPerson, and SchuminWeb.

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