Sears Holdings Corporation was a U.S.-based department store and retail company that operated the Sears and Kmart chains. Its stores sold appliances, tools, electronics, clothing, home furnishings, automotive products, groceries and other general merchandise. The company also provided related services, including home improvement, appliance repair, automotive maintenance and protection agreements.
Sears Holdings was formed through the 2005 merger of Sears, Roebuck and Co. and Kmart Holding Corporation. It served customers primarily in the United States, with operations supported by retail stores, online sales and well-known private-label brands such as Kenmore, Craftsman and DieHard. The company was led for much of its later history by Chairman and Chief Executive Officer Edward Lampert.
Sears Holdings filed for Chapter 11 bankruptcy protection in 2018. Its remaining assets were subsequently acquired by Transformco, a company controlled by Lampert, in 2019. As a result, Sears Holdings is no longer the operating company behind the Sears and Kmart businesses, and SHLDQ refers to the former bankrupt public entity rather than an actively traded operating retailer.
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