page_title: Kmart
section_title: Canada
hierarchical_section_title: Kmart / International / Canada
caption_attribution_description: English: Former Kmart Store in Bayers Lake, Canada shown in 1994.
context_page_description: Kmart Corporation is an American big box department store chain headquartered in Hoffman Estates, Illinois, United States.
  The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation and is now a subsidiary of Transform SR Brands LLC.
context_section_description: Kmart once had a major presence in Canada, with its first Kresge store opening in 1929. Kmart closed five Montreal stores and several other Quebec stores in 1983 due to the company restructuring. Kresge ceased to exist in Canada in 1994. In December 1997, it was announced that ten of the existing 122 stores were to be closed. However, as a result of Kmart's ongoing financial difficulties, the Canadian division comprising 112 stores was sold to competitor Zellers of the Hudson's Bay Company in May 1998, after which the stores were either closed or converted to Hudson's Bay Company brands, mostly Zellers.
caption: Former Kmart Store in Bayers Lake, Nova Scotia shown in 1994. Canadian Tire now operates in its place.
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