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.
comments. 1  Kmart is to close 64 stores across 28 states. 2  Sears Holdings, which owns Sears and Kmart, says the closures are the only way it can 'accelerate its transformation and its return to profitability'. 3  Moody's analysts say Sears and Kmart don't have enough money, or access to cash, to stay in business. Less than six months after closing the doors on 78 stores nationwide, Kmart announced it will be shuttering 64 more across 28 states.