Sears Holdings Company Description
Retail or real estate giant? Time will tell for Sears Holdings Corporation, the entity created by the acquisition of troubled department store operator Sears, Roebuck and Co. by Kmart Holding Corp. in 2005. The megamerger created one of the nation's largest retailers (behind Wal-Mart and Home Depot), with about 3,850 stores in North America. (Sears Holdings owns a majority stake in Sears Canada.) It is the holding company for the varied retail operations of Sears (about 1,800 department stores) and Kmart (about 1,380 discount outlets), which continue to operate separately under their familiar brand names. ESL Investments, controlled by the company's chairman Edward Lampert, owns about 50% of Sears Holdings.
View the Comprehensive Company Description for Sears Holdings
The Company Description provides a historical perspective of Sears Holdings's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Sears Holdings's evolution in the marketplace.
