Established in 1962, Kmart is a chain of more than 1,300 stores in over 45 U.S. states, as well as Guam and Puerto Rico. It is a wholly owned subsidiary of Sears Holdings Corporation. The chain s stores are one-floor units with a selection of general merchandise products. Its stores feature products under the Jaclyn Smith Home and JOE BOXER brands. The chain s stores offer jewelry, clothing, and health and wellness products. Its stores also feature appliances, bath accessories, beauty products, fitness and sports items. Each of Kmart s stores is spread over an area of up to 120,000 square feet. The chain also provides shipping and delivery services. It employs more than 133,000 associates and provides gift cards of several denominations.