Kmart Holding Corporation, also known as Kmart, is a wholly owned subsidiary of Sears Holding Corporation, which operates more than 3,900 specialty retail stores in the United States and Canada. Kmart, established in 1962, is a chain of over 1,300 stores in nearly 45 U.S. states, as well as Guam and Puerto Rico. 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. In addition, Kmart has a wholly owned subsidiary Kmart Management Corporation.