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Kmart Corporation Company Profile
Attention Kmart shoppers: Kmart is the #3 discount retailer in the US, behind Wal-Mart and Target. It sells name-brand and private-label goods (including its Joe Boxer and Jaclyn Smith labels), mostly to low- and mid-income families. It runs more than 1,200 off-mall stores (including 25 Super Centers) in 49 US states, Puerto Rico, Guam, and the US Virgin Islands. About 270 Kmart stores sell home appliances (including Sears' Kenmore brand) and some 895 locations house in-store pharmacies. Poor sales have forced its parent, Sears Holdings Corp., to close more than 250 Kmart stores since merging Kmart with Sears in 2005. Kmart also operates the kmart.com website, which includes merchandise from Sears.