The Sears Holdings Corporation is an American holding company headquartered in Hoffman Estates, Illinois, a subur…
The Sears Holdings Corporation is an American holding company headquartered in Hoffman Estates, Illinois, a suburb of Chicago. It is the owner of retail store brands Sears and Kmart, and was founded after the latter purchased the former in 2005. Sears Holdings also owns the brands Kenmore and DieHard. A sale of Craftsman to Stanley Black and Decker occurred in March of 2017. Sears retains the rights to sell Craftsman tools for 15 years from the date of sale through the purchase of tools from their established suppliers. Sears Holdings operates 1,503 retail locations under the mastheads of Sears, Kmart, and their subsidiaries, such as auto centers and pharmacies, in all 50 states, Puerto Rico, and Guam. As of 2014, it is the 18th-largest retailing company in the United States.