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Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7] It was the 20th-largest retailing company in the United States in 2015. [8]
Kmart's longest lasting logo, used from 1969 to 1990. Under the leadership of executive Harry Cunningham, S.S. Kresge Company opened the first Kmart-named store, at 27,000 square feet (2,500 square meters), which was referred to by Kresge as a "bantam" Kmart and was in fact originally intended to be a Kresge store until late in the planning process, on January 25, 1962, in San Fernando ...
In December 2021, Transformco announced its plans to sell the Sears headquarters in Hoffman Estates. [32] The property was eventually sold to data center developer in the Summer of 2023 with plans to have the existing buildings demolished by Fall 2023. [33] The fate of the Sears headquarters staff was not published.
Hoffman Estates is a village in Cook County, Illinois, United States. It is a suburb of Chicago. Per the 2020 census, the population was 52,530. [3]
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail-order catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
Just two years later, Sears began moving its own offices out of the building [99] to a new campus in Hoffman Estates, Illinois, which was completed in 1995. [97] As the maturation of the mortgage approached, Sears renegotiated the loan in 1994.
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