Sears Holdings Corp was incorporated in the State of the State of Delaware on November 23, 2004 in connection with the merger of Kmart and Sears on March 24, 2005. The Company along with its subsidiaries is an integrated retailer with 1,672 full-line and specialty retail stores in the United States, operating through Kmart and Sears. The Company operates in two segments including Kmart and Sears Domestic. The Kmart segment operates approximately a total of 941 Kmart stores across 49 states, Guam, Puerto Rico and the U.S. Virgin Islands. Its store count consists of 934 discount stores, and 7 Super Centers. Its stores are one-floor, free-standing units that carry products across categories, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables and apparel, including products sold under such labels as Jaclyn Smith, Joe Boxer, and certain proprietary Sears brand products (such as Kenmore, Craftsman and DieHard) and services. It also offers appliances, including Kenmore-branded products. The Sears Domestic segment consists operations of Full-line Stores, Specialty Stores, Commercial Sales, and Home Services. It operates 705 stores, of which 697 are Full-line stores located across all 50 states and Puerto Rico. Its Full-line stores offer products and service offerings across merchandise categories, including appliances, consumer electronics/connected solutions, tools, sporting goods, outdoor living, lawn and garden equipment, certain automotive services and products, such as tires and batteries, home fashion products, as well as apparel, footwear, jewelry and accessories for the whole family. Its product offerings include Kenmore, Craftsman, DieHard, Bongo, Covington, Canyon River Blues, Everlast, Metaphor, Roebuck & Co., Outdoor Life, and other brand merchandise such as Roadhandler, Ty Pennington Style, Levi's and WallyHome. Lands' End, Inc. It also operates 26 specialty stores located in free-standing, off-mall locations or high-traffic neighborhood shopping centers. Its Commercial Sales operations sells Sears merchandise, parts and services to commercial customers through its business-to-business Sears Commercial Sales and Appliance Builder/Distributor businesses. Its Sears Commercial Sales sells Sears merchandise, parts and services to commercial customers through its business-to-business Sears Commercial Sales and Appliance Builder/Distributor businesses. It also provides home services, with approximately more than 12 million service and installation calls made annually. It operates websites under the sears.com and kmart.com banners which offer products and provide the capability for its members and customers to engage in cross-channel transactions such as free store pickup; buy in store/ship to home; and buy online, return in store. It is also the home of Shop Your Way, a free member-based social shopping platform that offers rewards, personalized services and a unique experience. The Company competes with retailers, including other department stores, discounters, home improvement stores, consumer electronics dealers, auto service providers, specialty retailers, wholesale clubs, as well as many other retailers operating on a national, regional or local level in the U.S. and Canada. Its competitors include Walmart, Target, Kohl's, J.C. Penney, Macy's, The Home Depot, Lowe's, Best Buy and Amazon. The KMART, SEARS, Our KENMORE, CRAFTSMAN and DIEHARD, CANYON RIVER BLUES, COVINGTON, SHOP YOUR WAY, SMART SENSE, STRUCTURE, THOM MCAN and TOUGHSKINS are the trademarks of the Company.
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.