About KMART CORPORATION

Attention Kmart shoppers: Kmart is a leading US discount retailer, behind Wal-Mart, Target, and Kohl's. It sells name-brand and private-label goods (including its Joe Boxer and Jaclyn Smith labels), mostly to low- and mid-income families. It runs about 1,150 off-mall stores (including 17 Super Centers) in 49 US states, Puerto Rico, Guam, and the US Virgin Islands. About 270 Kmart stores sell home appliances (including Sears' Kenmore brand) and some 840 locations house in-store pharmacies. Poor sales have forced its parent, Sears Holdings Corp., to close more than 300 Kmart stores since merging Kmart with Sears in 2005. Kmart also operates the kmart.com website, which includes merchandise from Sears.

Financial Performance

Kmart's sales continued their steady descent in fiscal 2014 (ended January), down 9% versus the prior year, to $13.2 billion. The retailer blamed its shrinking store count and competition from rival chains, including Target and Kohl's, for the decline. Falling same-store sales of 4% in fiscal 2014 reflected declines across most of its merchandise categories, most notably in the grocery and household, consumer electronics, pharmacy, and toy departments. Kmart was unprofitable in fiscal 2014, reporting an operating loss of $351 million, as compared to a profit of $5 million in fiscal 2013.

Strategy

The pairing of Sears and Kmart in 2005 was intended to leverage the strengths of both chains by making their products, brands, and services available through more locations and distribution channels. Sears, which has long sought a way to diversify away from the shopping mall, was attracted to Kmart's off-mall locations. But the combination has proved disappointing. Both retailers have suffered from falling same-store sales as they fail to attract customers.

Indeed, the Kmart chain is shrinking, closing 70, 92, and 18 stores in fiscal years 2014, 2013, and 2012, respectively. Once the third-largest US discounter behind Wal-Mart and Target, the chain has lost ground to growing chains, such as Kohl's.

Sears, meanwhile, has taken advantage of cross-selling opportunities by offering proprietary Sears brands, including Craftsman, Diehard, and Kenmore products, in Kmart stores. The sale of Kenmore brand appliances is meant to help Kmart differentiate itself from its larger rivals, Wal-Mart and Target, which stock a more limited range of appliances. Kmart stores have been remodeled to offer Sears brand appliances and Sears plans to continue to roll out its home appliances to more Kmart stores. There are also about 15 Sears Auto Centers operating in Kmart stores.

To court customers, Kmart continues to offer its layaway program, and has expanded the way customers can receive their purchases, allowing them to buy online and pick up at more than 1,000 of its stores. Kmart also participates in its parent company's Shop Your Way program, a social shopping experience that allows members to earn points and benefits across a number of physical and digital formats.

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KMART CORPORATION

3333 Beverly Rd
Hoffman Estates, IL 60179-0001
Phone: 1 (847) 286-2500
Fax: 1 (248) 463-2514

Stats

  • Employer Type: Subsidiary
  • Chief Marketing Officer: Kelly N. Cook
  • President and Chief Member Officer: Alasdair James
  • President, Kmart Pharmacy: Phil Keough
  • Employees: 45,000

Major Office Locations

  • Hoffman Estates, IL

Other Locations

  • Albertville, AL
  • Athens, AL
  • Centre, AL
  • Decatur, AL
  • Dothan, AL
  • Florence, AL
  • Irondale, AL
  • Jasper, AL
  • Muscle Shoals, AL
  • Pell City, AL
  • Phenix City, AL
  • Rainbow City, AL
  • Selma, AL
  • Tuscaloosa, AL
  • Cabot, AR
  • Jacksonville, AR
  • Little Rock, AR
  • Russellville, AR
  • Bullhead City, AZ
  • Casa Grande, AZ
  • Kingman, AZ
  • Lake Havasu City, AZ
  • Mesa, AZ
  • Nogales, AZ
  • Peoria, AZ
  • Phoenix, AZ
  • Prescott Valley, AZ
  • Show Low, AZ
  • Tolleson, AZ
  • Tucson, AZ
  • Anaheim, CA
  • Antioch, CA
  • Apple Valley, CA
  • Arroyo Grande, CA
  • Atascadero, CA
  • Auburn, CA
  • Bakersfield, CA
  • Banning, CA
  • Barstow, CA
  • Bellflower, CA
  • Big Bear Lake, CA
  • Bishop, CA
  • Blythe, CA
  • Burbank, CA
  • Camarillo, CA
  • Carson, CA
  • Chico, CA
  • Clovis, CA
  • Concord, CA
  • Costa Mesa, CA
  • Cudahy, CA
  • Delano, CA
  • Desert Hot Springs, CA
  • Dinuba, CA
  • Eureka, CA
  • Fontana, CA
  • Freedom, CA
  • Goleta, CA
  • Grass Valley, CA
  • Harbor City, CA
  • Hayward, CA
  • Hesperia, CA
  • Hollister, CA
  • Jackson, CA
  • Lakeport, CA
  • Lemoore, CA
  • Long Beach, CA
  • Los Angeles, CA
  • Manteca, CA
  • Mckinleyville, CA
  • Mira Loma, CA
  • Modesto, CA
  • North Hollywood, CA
  • Oakdale, CA
  • Ontario, CA
  • Paradise, CA
  • Petaluma, CA
  • Pinole, CA
  • Placerville, CA
  • Pleasant Hill, CA
  • Ramona, CA
  • Redding, CA
  • Redlands, CA
  • Redwood City, CA
  • Ridgecrest, CA
  • Riverside, CA
  • Sacramento, CA
  • Salinas, CA
  • San Leandro, CA
  • San Ysidro, CA
  • Santa Maria, CA
  • Santa Paula, CA
  • Santa Rosa, CA
  • Scotts Valley, CA
  • South Lake Tahoe, CA
  • Spring Valley, CA
  • Stockton, CA
  • Taft, CA
  • Tehachapi, CA
  • Temecula, CA
  • Temple City, CA
  • Valencia, CA
  • Visalia, CA
  • West Covina, CA
  • Arvada, CO
  • Aurora, CO
  • Boulder, CO
  • Brighton, CO
  • Colorado Springs, CO
  • Denver, CO
  • Glenwood Springs, CO
  • Loveland, CO
  • Pueblo, CO
  • Milford, CT
  • New Milford, CT
  • Putnam, CT
  • Southbury, CT
  • Vernon Rockville, CT
  • Watertown, CT
  • Bear, DE
  • Newark, DE
  • Rehoboth Beach, DE
  • Wilmington, DE
  • Belleview, FL
  • Boca Raton, FL
  • Bradenton, FL
  • Brandon, FL
  • Clearwater, FL
  • Clermont, FL
  • Clewiston, FL
  • Crystal River, FL
  • Cutler Bay, FL
  • De Land, FL
  • Ellenton, FL
  • Fort Myers, FL
  • Fort Pierce, FL
  • Fort Walton Beach, FL
  • Gainesville, FL
  • Hialeah, FL
  • Hollywood, FL
  • Hudson, FL
  • Jacksonville, FL
  • Kenneth City, FL
  • Key Largo, FL
  • Key West, FL
  • Lakeland, FL
  • Lantana, FL
  • Lehigh Acres, FL
  • Live Oak, FL
  • Marathon, FL
  • Miami, FL
  • Miami Lakes, FL
  • Milton, FL
  • Mount Dora, FL
  • Naples, FL
  • New Smyrna Beach, FL
  • Niceville, FL
  • North Miami Beach, FL
  • Ocala, FL
  • Palatka, FL
  • Perry, FL
  • Sebring, FL
  • Tampa, FL
  • Temple Terrace, FL
  • Vero Beach, FL
  • Winter Park, FL
  • Winter Springs, FL
  • Zephyrhills, FL
  • Albany, GA
  • Augusta, GA
  • Calhoun, GA
  • Carrollton, GA
  • Columbus, GA
  • Cornelia, GA
  • Covington, GA
  • Dalton, GA
  • Decatur, GA
  • Douglas, GA
  • Forest Park, GA
  • Fort Oglethorpe, GA
  • Jesup, GA
  • Kennesaw, GA
  • Mableton, GA
  • Macon, GA
  • Milledgeville, GA
  • Newnan, GA
  • Peachtree City, GA
  • Savannah, GA
  • Statesboro, GA
  • Tifton, GA
  • Honolulu, HI
  • Kahului, HI
  • Kailua Kona, HI
  • Kapolei, HI
  • Lihue, HI
  • Algona, IA
  • Atlantic, IA
  • Carroll, IA
  • Charles City, IA
  • Cherokee, IA
  • Council Bluffs, IA
  • Des Moines, IA
  • Iowa City, IA
  • Keokuk, IA
  • Marshalltown, IA
  • Oelwein, IA
  • Red Oak, IA
  • Sioux City, IA
  • Urbandale, IA
  • Webster City, IA
  • Ammon, ID
  • Coeur D Alene, ID
  • Lewiston, ID
  • Nampa, ID
  • Twin Falls, ID
  • Addison, IL
  • Belleville, IL
  • Bloomingdale, IL
  • Bridgeview, IL
  • Chicago, IL
  • Des Plaines, IL
  • Effingham, IL
  • Elmhurst, IL
  • Forest Park, IL
  • Homer Glen, IL
  • Homewood, IL
  • Manteno, IL
  • Moline, IL
  • Mount Vernon, IL
  • Norridge, IL
  • Oak Lawn, IL
  • Peoria, IL
  • Quincy, IL
  • Rockford, IL
  • Springfield, IL
  • Steger, IL
  • West Frankfort, IL
  • Willowbrook, IL
  • Wood River, IL
  • Anderson, IN
  • Bloomington, IN
  • Brownsburg, IN
  • Elwood, IN
  • Gas City, IN
  • Griffith, IN
  • Indianapolis, IN
  • Jasper, IN
  • Kokomo, IN
  • Mishawaka, IN
  • Peru, IN
  • Princeton, IN
  • Richmond, IN
  • Terre Haute, IN
  • Valparaiso, IN
  • Warsaw, IN
  • Hutchinson, KS
  • Kansas City, KS
  • Lawrence, KS
  • Overland Park, KS
  • Salina, KS
  • Shawnee Mission, KS
  • Topeka, KS
  • Wichita, KS
  • Corbin, KY
  • Edgewood, KY
  • Elizabethtown, KY
  • Frankfort, KY
  • Georgetown, KY
  • Glasgow, KY
  • Grayson, KY
  • Henderson, KY
  • Lexington, KY
  • London, KY
  • Owensboro, KY
  • Paducah, KY
  • Paintsville, KY
  • Russell Springs, KY
  • Somerset, KY
  • Versailles, KY
  • Winchester, KY
  • Gonzales, LA
  • Lake Charles, LA
  • Mandeville, LA
  • Metairie, LA
  • New Orleans, LA
  • Acton, MA
  • Billerica, MA
  • Brockton, MA
  • Fairhaven, MA
  • Fitchburg, MA
  • Holyoke, MA
  • Hyannis, MA
  • Newburyport, MA
  • Palmer, MA
  • Plymouth, MA
  • Saugus, MA
  • Somerville, MA
  • Springfield, MA
  • Tewksbury, MA
  • Baltimore, MD
  • Clinton, MD
  • Crofton, MD
  • Edgewater, MD
  • Elkton, MD
  • Frederick, MD
  • Gaithersburg, MD
  • Hagerstown, MD
  • Hyattsville, MD
  • Oxon Hill, MD
  • Pasadena, MD
  • Prince Frederick, MD
  • Salisbury, MD
  • Silver Spring, MD
  • Stevensville, MD
  • Sykesville, MD
  • Auburn, ME
  • Augusta, ME
  • Bangor, ME
  • Madawaska, ME
  • Waterville, ME
  • Battle Creek, MI
  • Bay City, MI
  • Belleville, MI
  • Burton, MI
  • Charlevoix, MI
  • Cheboygan, MI
  • Clinton Township, MI
  • Clio, MI
  • Escanaba, MI
  • Farmington Hills, MI
  • Garden City, MI
  • Grayling, MI
  • Greenville, MI
  • Hastings, MI
  • Holland, MI
  • Ionia, MI
  • Jackson, MI
  • Lake Orion, MI
  • Livonia, MI
  • Marine City, MI
  • Marshall, MI
  • Menominee, MI
  • Midland, MI
  • Monroe, MI
  • Mount Pleasant, MI
  • Muskegon, MI
  • Oscoda, MI
  • Port Huron, MI
  • Richmond, MI
  • Saint Clair Shores, MI
  • Sandusky, MI
  • Shelby Township, MI
  • Sterling Heights, MI
  • Sturgis, MI
  • Traverse City, MI
  • Troy, MI
  • Warren, MI
  • Waterford, MI
  • West Branch, MI
  • White Lake, MI
  • Woodhaven, MI
  • Duluth, MN
  • International Falls, MN
  • Minneapolis, MN
  • New Ulm, MN
  • Rochester, MN
  • Saint Paul, MN
  • Shakopee, MN
  • Thief River Falls, MN
  • Branson, MO
  • Bridgeton, MO
  • Cape Girardeau, MO
  • Crystal City, MO
  • Florissant, MO
  • High Ridge, MO
  • Independence, MO
  • Kansas City, MO
  • Poplar Bluff, MO
  • Rolla, MO
  • Saint Joseph, MO
  • Saint Louis, MO
  • Sedalia, MO
  • Springfield, MO
  • Columbus, MS
  • Corinth, MS
  • Greenville, MS
  • Gulfport, MS
  • Natchez, MS
  • Southaven, MS
  • Butte, MT
  • Glendive, MT
  • Great Falls, MT
  • Hamilton, MT
  • Havre, MT
  • Helena, MT
  • Kalispell, MT
  • Asheville, NC
  • Clemmons, NC
  • Concord, NC
  • Franklin, NC
  • Goldsboro, NC
  • Jacksonville, NC
  • Kill Devil Hills, NC
  • Lumberton, NC
  • Madison, NC
  • Midway Park, NC
  • Morehead City, NC
  • Morganton, NC
  • Raleigh, NC
  • Rocky Mount, NC
  • Salisbury, NC
  • Sanford, NC
  • Shelby, NC
  • Statesville, NC
  • Thomasville, NC
  • Waynesville, NC
  • Bismarck, ND
  • Devils Lake, ND
  • Fargo, ND
  • Grand Forks, ND
  • Jamestown, ND
  • Minot, ND
  • Alliance, NE
  • Hooksett, NH
  • Nashua, NH
  • Rochester, NH
  • Salem, NH
  • West Lebanon, NH
  • Avenel, NJ
  • Belleville, NJ
  • Brick, NJ
  • Closter, NJ
  • East Brunswick, NJ
  • Elmwood Park, NJ
  • Glassboro, NJ
  • Hazlet, NJ
  • Jersey City, NJ
  • Kearny, NJ
  • Mantua, NJ
  • Moorestown, NJ
  • Parsippany, NJ
  • Passaic, NJ
  • Pleasantville, NJ
  • Rio Grande, NJ
  • Somers Point, NJ
  • Somerset, NJ
  • Toms River, NJ
  • Trenton, NJ
  • Vineland, NJ
  • Wall Township, NJ
  • Wayne, NJ
  • West Long Branch, NJ
  • West Orange, NJ
  • Westwood, NJ
  • Alamogordo, NM
  • Albuquerque, NM
  • Farmington, NM
  • Las Cruces, NM
  • Raton, NM
  • Rio Rancho, NM
  • Roswell, NM
  • Santa Fe, NM
  • Tucumcari, NM
  • Elko, NV
  • Henderson, NV
  • Las Vegas, NV
  • North Las Vegas, NV
  • Reno, NV
  • Sparks, NV
  • Batavia, NY
  • Bath, NY
  • Bohemia, NY
  • Bridgehampton, NY
  • Bronx, NY
  • Buffalo, NY
  • Cortland, NY
  • Farmingville, NY
  • Greenwich, NY
  • Herkimer, NY
  • Horseheads, NY
  • Huntington, NY
  • Jamestown, NY
  • Lackawanna, NY
  • Mahopac, NY
  • Middle Village, NY
  • New York, NY
  • Niagara Falls, NY
  • Olean, NY
  • Plattsburgh, NY
  • Poughkeepsie, NY
  • Queensbury, NY
  • Riverhead, NY
  • Rochester, NY
  • Rosedale, NY
  • Schenectady, NY
  • Sidney, NY
  • Staten Island, NY
  • Syracuse, NY
  • Vails Gate, NY
  • Valley Stream, NY
  • Victor, NY
  • Watertown, NY
  • Webster, NY
  • Wellsville, NY
  • West Babylon, NY
  • West Seneca, NY
  • White Plains, NY
  • Yorktown Heights, NY
  • Austintown, OH
  • Barberton, OH
  • Beavercreek, OH
  • Blue Ash, OH
  • Cambridge, OH
  • Canton, OH
  • Chillicothe, OH
  • Cincinnati, OH
  • Cleveland, OH
  • Columbus, OH
  • Dayton, OH
  • East Liverpool, OH
  • Eaton, OH
  • Englewood, OH
  • Fostoria, OH
  • Fremont, OH
  • Gallipolis, OH
  • Grove City, OH
  • Groveport, OH
  • Harrison, OH
  • Hillsboro, OH
  • Kenton, OH
  • Lima, OH
  • London, OH
  • Marietta, OH
  • Massillon, OH
  • Milford, OH
  • Mount Vernon, OH
  • Oregon, OH
  • Reynoldsburg, OH
  • Saint Clairsville, OH
  • Saint Marys, OH
  • Seven Hills, OH
  • Streetsboro, OH
  • Tallmadge, OH
  • Toledo, OH
  • Warren, OH
  • Wooster, OH
  • Zanesville, OH
  • Ada, OK
  • Bartlesville, OK
  • Clinton, OK
  • Enid, OK
  • Ponca City, OK
  • Shawnee, OK
  • Tulsa, OK
  • Beaverton, OR
  • Bend, OR
  • Corvallis, OR
  • Gresham, OR
  • Portland, OR
  • Roseburg, OR
  • Salem, OR
  • The Dalles, OR
  • Woodburn, OR
  • Allentown, PA
  • Altoona, PA
  • Beaver Falls, PA
  • Belle Vernon, PA
  • Bensalem, PA
  • Berwick, PA
  • Bethlehem, PA
  • Bridgeville, PA
  • Broomall, PA
  • Butler, PA
  • Carlisle, PA
  • Chambersburg, PA
  • Clarion, PA
  • Clifton Heights, PA
  • Columbia, PA
  • Doylestown, PA
  • East Stroudsburg, PA
  • Easton, PA
  • Elizabethtown, PA
  • Ephrata, PA
  • Erie, PA
  • Feasterville Trevose, PA
  • Franklin, PA
  • Harrisburg, PA
  • Hazle Township, PA
  • Hermitage, PA
  • Holmes, PA
  • Honesdale, PA
  • Hummelstown, PA
  • Indiana, PA
  • Kingston, PA
  • Lancaster, PA
  • Langhorne, PA
  • Latrobe, PA
  • Lebanon, PA
  • Leechburg, PA
  • Matamoras, PA
  • Mc Murray, PA
  • Meadville, PA
  • Mechanicsburg, PA
  • Mill Hall, PA
  • Monroeville, PA
  • Moon Township, PA
  • Moosic, PA
  • Morrisville, PA
  • Mount Pleasant, PA
  • New Castle, PA
  • New Kensington, PA
  • North Versailles, PA
  • Philadelphia, PA
  • Phoenixville, PA
  • Pittsburgh, PA
  • Pittston, PA
  • Pottstown, PA
  • Reading, PA
  • Sayre, PA
  • Scranton, PA
  • Shamokin Dam, PA
  • Thorndale, PA
  • Towanda, PA
  • Uniontown, PA
  • Walnutport, PA
  • Wayne, PA
  • West Chester, PA
  • Whitehall, PA
  • Wilkes Barre, PA
  • Williamsport, PA
  • Willow Grove, PA
  • Willow Street, PA
  • Wind Gap, PA
  • York, PA
  • Aguadilla, PR
  • Cayey, PR
  • Guayama, PR
  • Juana Diaz, PR
  • Mayaguez, PR
  • San Juan, PR
  • Yauco, PR
  • Cranston, RI
  • Johnston, RI
  • Beaufort, SC
  • Camden, SC
  • Columbia, SC
  • Conway, SC
  • Florence, SC
  • Greenville, SC
  • Greenwood, SC
  • Lancaster, SC
  • Lexington, SC
  • Mauldin, SC
  • North Charleston, SC
  • Orangeburg, SC
  • Rock Hill, SC
  • Seneca, SC
  • Simpsonville, SC
  • Summerville, SC
  • Sumter, SC
  • West Columbia, SC
  • Aberdeen, SD
  • Huron, SD
  • Pierre, SD
  • Rapid City, SD
  • Athens, TN
  • Cookeville, TN
  • Crossville, TN
  • Franklin, TN
  • Goodlettsville, TN
  • Greeneville, TN
  • Jackson, TN
  • Johnson City, TN
  • Kingsport, TN
  • Knoxville, TN
  • Lebanon, TN
  • Madison, TN
  • Maryville, TN
  • Morristown, TN
  • Nashville, TN
  • Sevierville, TN
  • Tullahoma, TN
  • Brownsville, TX
  • Corpus Christi, TX
  • Denton, TX
  • El Paso, TX
  • Humble, TX
  • Killeen, TX
  • Laredo, TX
  • Longview, TX
  • Mcallen, TX
  • Mission, TX
  • Paris, TX
  • Portland, TX
  • Wake Village, TX
  • Logan, UT
  • Provo, UT
  • Richfield, UT
  • Salt Lake City, UT
  • Spanish Fork, UT
  • St George, UT
  • Abingdon, VA
  • Annandale, VA
  • Burke, VA
  • Charlottesville, VA
  • Chesapeake, VA
  • Chester, VA
  • Christiansburg, VA
  • Colonial Heights, VA
  • Danville, VA
  • Hampton, VA
  • Harrisonburg, VA
  • Herndon, VA
  • Lynchburg, VA
  • Manassas, VA
  • Norfolk, VA
  • Richmond, VA
  • Roanoke, VA
  • Salem, VA
  • Springfield, VA
  • Tabb, VA
  • Virginia Beach, VA
  • Waynesboro, VA
  • Williamsburg, VA
  • Bennington, VT
  • Rutland, VT
  • Bellingham, WA
  • Burlington, WA
  • Chehalis, WA
  • Kent, WA
  • Puyallup, WA
  • Seattle, WA
  • Shoreline, WA
  • Spanaway, WA
  • Spokane, WA
  • Tacoma, WA
  • Wenatchee, WA
  • Cudahy, WI
  • Green Bay, WI
  • Kenosha, WI
  • La Crosse, WI
  • Mauston, WI
  • Medford, WI
  • Menomonee Falls, WI
  • Milwaukee, WI
  • Oconomowoc, WI
  • Oshkosh, WI
  • Platteville, WI
  • Portage, WI
  • Racine, WI
  • Ripon, WI
  • Stevens Point, WI
  • Waupaca, WI
  • West Allis, WI
  • Beckley, WV
  • Charleston, WV
  • Clarksburg, WV
  • Elkview, WV
  • Huntington, WV
  • Lewisburg, WV
  • Martinsburg, WV
  • Morgantown, WV
  • Saint Albans, WV
  • Scott Depot, WV
  • Vienna, WV
  • Weirton, WV
  • Casper, WY
  • Cheyenne, WY
  • Gillette, WY
  • Jackson, WY
  • Laramie, WY
  • Rock Springs, WY
  • Sheridan, WY
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