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.
That change came through Harry B. Cunningham, who became Kresge President in 1959. Cunningham had been studying other discount houses and developed a new strategy for the Kresge organization. Under Cunningham's leadership, the first Kmart discount department store opened in 1962 in Garden City, Michigan.