Where is Kmart Corporate office Headquarters

History

Kmart was founded in the year 1999. The company has been active for almost 120 years now. The founder of the company was SS Kresge. The founder of the company started to invest in five and dime stores, and therefore in the year 1897, the first SS Kresge stores were established. By the year 1912, the company had almost 85 stores, which had increased to nearly 597 stores by the end of the year 1929. In the year 1918, the company was transformed into a limited public entity and started trading on the New York Stock Exchange. The first Kmart store was opened by the company in the year 1962. Also, more than eighteen stores opened that day as well.

Then in the year 1977, the name of the company was changed to Kmart Corporation. But, in the year 1990, the company was passed by companies such as Walmart, and the company was the second biggest retailer after Sears. Then in the year 2002, the company had filed for bankruptcy, and after emerging from bankruptcy, the company was renamed to Kmart Holdings Corporation. In the year 2004, the company had taken over Sears, and the name of the company was changed to Sears Holding Corporation. The company started remodelling their stores from white and blue colour to orange and brown colour. In the year 2009, the company had opened its first branded appliance store inside the Kmart store. The same year, it was reported that Kmart and Martha Stewart Living Omnimedia failed to come to a new agreement, due to reports being held of amalgamation. This came after Martha Stewart had made remarks on CNBC that her line at Kmart had deteriorated, particularly after the Sears merger had taken place. The company had reported its first year over year sales increase of 0.5 per cent since the year 2005 and only the second such increase since the year 2001. In the year 2010, the company had closed off 22 underperforming stores. During the year 2011, almost 100 to 120 stores were again closed down. In the year 2015, Kmart had agreed to pay almost more than $102,000 and other consideration as well, in order to settle a US Equal Employment Opportunity Commission disability discrimination lawsuit. In the year 2017, 78 more stores were again closed down too. As of the year 2018, the company had filed for another bankruptcy, and almost more than 140 stores were closed down. The headquarters of the company is based in 3333 Beverly Road. The name of the place is Hoffman Estates, while the name of the state is Illinois, USA. The pin code of the area is 60179.

About

Kmart is an American retail store that focuses on selling various types of products and merchandises, at discounted prices to its customers. As of the year 2019, the company only has 202 stores left under its name. As of the year 2015, the total revenue generated by the company is more than $25.1 billion. The company is currently a subsidiary of Transform Holdco. The last working CEO of the company was Edward Scott Lampert. The company, at its peak, had served almost 37 states across the USA.

Services

The primary services provided by the company include allowing customers to have a retail presence in order to purchase various kinds of products that are marketed and sold by the company itself. The products sold by the company include clothing, health and beauty products, accessories, footwear, linen and bedding, jewellery, electronics, food products, appliances, automotive, hardware, pet products, toys, sporting goods, etcetera.