Sears Holding Corporation; parent of Sears & Kmart Symbol: SHLD

  

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- Sears K-mart  

3333 Beverly Road
Hoffman Estates, IL 60179
United States
+1-847-2862500 (Phone)

www.searsholdings.com

October 2013 Summary: Sears Holdings Corporation (Holdings) is a retailer with 2,172 full-line and 1,338 specialty retail stores in the United States operating through Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears) and 500 full-line and specialty retail stores in Canada operating through Sears Canada Inc. (Sears Canada), a 95%-owned subsidiary. The Company operates in three segments: Kmart, Sears Domestic and Sears Canada. As on January 28, 2012, it had 38 domestic supply chain distribution centers, of which 12 were owned and 26 were leased for terms ranging from 3 to 5 years. Of the total, 11 primarily support Kmart stores, 23 primarily support Sears stores and four support both Sears and Kmart stores. On December 31, 2011, the Company completed the spin-off of its interest in Orchard Supply Hardware Stores Corporation. In April 2012, it sold eleven Sears full line store locations to General Growth Properties. In April 2012, it added MetaScale as a wholly owned subsidiary.

November 2004 News:  Kmart is buying Sears, Roebuck & Co. for $11 billion.  The deal will create the third-largest retailer in the country. The new company, known as Sears Holdings, will be based at Sears headquarters outside Chicago.  While the new company will operate both Sears and Kmart stores, "several hundred" Kmarts will be converted to Sears, Sears Chairman Alan Lacy said at a news conference. The companies currently operate about 3,500 stores combined.

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