While Kmart did indeed file for bankruptcy in 2002, closing those stores enabled Kmart to reinvent itself, provide a larger selection of merchandise and initiate a merger with Sears, now known as Sears Holding Co.

Kmart was originally founded in 1899 by Sebastian S. Kresge as S.S. Kresge Co.

When Kresge opened his first store in 1899, he sold everything for 5 and 10 cents. The low prices appealed to shoppers and allowed him to expand to 85 stores in 1912, with annual sales of more than $10 million.

In 2003 Kmart exited Chapter 11 bankruptcy protection as Kmart Holding Corp and announced the merger with Sears in 2004.

The Company currently employs more than 133,000 associates, a far cry from the staff of 18 first employed at Kresge's five-and dime.

(i.e. a hell of a lot better than Wal-mart, note the definition about Wal-mart's edited CDs.)
Hello shoppers and welcome to your neighborhood Kmart. Today in the HBA department, you will find a wide selection of Jergens body lotion for buy one get one half off. This special ends today, so take advantage of it while you can. Thank you for shopping your neighborhood Kmart.
by harvardgirl87 September 23, 2006
Top Definition
Wal*Mart's bitch
by Anonymous March 13, 2003
A once powerful mass merchandiser that was brought to its knees by Wal-Mart and Target - now is in bankrupcy. Used to be a fairly good store in the 70's and 80's but the corporation never updated stores or merchandise. Prices were high, employees were always jerks and the quality of K-Mart clothing was and still is horrible.
"K-Mart Sucks, Ray"
by Whatever April 08, 2003
Ghetto small mall
I got my food stamps! let go to K-mart.
by 5.0phil January 28, 2003
A deptmartent store getting their asses handed to them, by Wal-Mart and Target.
I hate K-Mart.
by Saints September 21, 2003
Something cheap and unwanted.
Dude! That car is so k-mart. I would never ride in that thing
by Chris Duenas August 03, 2005
1.Cheap or of low quality.
2.Actually bought from a Kmart store.
That Kmart VCR will break in about a week.
by 5'11"Racer January 20, 2007
A department store that sells, among other items, notoriously unfashionable/poor quality clothing. All clothing brands are licensed exclusively to K-Mart (i.e. Route 66) and quite unsuccessfully attempt to mimic current trends.

Associated with a demographic that is either low income, cheap by choice, or fashionably inept.
Popular Kid: "John's such a dork, saying those lameass sneakers with no logo are real skate shoes. He probably got them at K-Mart."

Social Reject: "My mom's gonna take me to K-Mart tomorrow to get some cool t-shirts."
by foreign lump January 30, 2006

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