Kmart

Kmart (sometimes stylized as K mart or kmart) is a chain of American discount department stores headquartered in Hoffman Estates, Illinois, United States. The chain purchased Sears for $11 billion 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 North America, 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). It also used to operate stores in Canada, Mexico, and Eastern Europe. As of February 13, 2016, the company operated a total of 962 Kmart stores. In 2013 it had operated 1,221 in 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands, including 1,196 discount stores, averaging 94,000 sq ft (8,700 m), and 5 Super Centers, averaging 168,000 sq ft (15,600 m).