What made you want to look up giddy? Include any comments and questions you have about this word.
Kmart is owned by the Sears Holdings Corporation, which like any corporation, is owned by shareholders. A CEO on day took over both kmart and sears and decided to name it sears holdings because sears has a better reputation than kmart. Vibhu Bhardwaj.
See whether your local Sears or Kmart is shutting down. Sears is struggling. The chain's same-store sales, or sales at stores open at least a year, dropped 6.9% in the most recent quarter. They fell 7.2% at Kmart, which Sears owns. Sears is now trying to stem the losses from underperforming stores by speeding up its store closings.