U.S. big box retailer and subsidiary of Transform Holdco LLC
Kmart Corporation is an American big box department store chain headquartered in Hoffman Estates, Illinois, United States.
The company was incorporated in 1899 as S. S. Kresge Corporation and renamed to Kmart Corporation in 1977. The first store with the Kmart name opened in 1962. At its peak in 1994, Kmart operated 2,486 stores, including 2,323 discount stores and Super Kmart Center locations in the United States. After declaring bankruptcy in 2002 and again in 2018, the chain's store count will be reduced to 115 locations in the United States by December 2019. From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation and is now a subsidiary of Transform Holdco LLC.
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