Mission, Visons and Values (K Mart/Sears)

Running Header: MISSION, VISION, AND VALUES KMART (SEARS HOLDINGS) Mission, plenty and Values Kmart (Sears Holdings) Mission, pot and Values Kmart (Sears Holdings) (a)K-Mart Corporation (now known as Sears Holdings, Inc.) Sears Holdings Corporation, the publicly traded (NASDAQ: SHLD) originate up of Kmart and Sears, Roebuck and Co., is the nations fourth largest broadline retailer with over $50 billion in annual revenues and approximately 3,800 full-line and specialty retail interposes in the unite States and Canada. The merger of Kmart and Sears as Sears Holdings Corporation closed on swear out 24, 2005, following affirmative shareholder votes of two(prenominal) companies. The communitys corporate headquarters is in Hoffman Estates, Ill. Kmart maintains a headquarters assurance in Troy, Mich. Sears Holdings will operate Sears and Kmart stores. The company will stretch to market products under brands held by both companies. (Sears Holding Corporat ion, 2008). (b)K-Mart background Information, Products, Services and Customers Kmart was founded in 1889 by Sebastian J. Kresge in Detroit, Michigan, as a five and 10 cents store. In 1962 S.S. Kresge Co. overt their first Kmart deduction department store in a suburb of Detroit. S.S.

Kresge changed its refer to Kmart in 1977 and in 1987 sold its remain Kresge stores. (Kmart Corp, 2008). As of February 2, 2008, Holdings operated a total of 1,382 Kmart stores across 49 states, Guam, Puerto anti-racketeering law and the U.S. Virgin Islands. This store count included 1,327 discount stores, averaging 92,000 public square feet, and 55 highly Centers, averaging 165,000 square feet. During financial 2005, the company began s! ell certain patented Sears brand products, such as Kenmore, discoverer, and traditionalist brand products, and function within certain Kmart stores. During the fall of fiscal 2006, the company added Craftsman tool assortments into Kmart locations nationwide. As of February 2, 2008, approximately 280 Kmart stores were also...If you unavoidableness to get a full essay, order it on our website: OrderEssay.net

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