Sears and Kmart: Failed Collaboration and Organizational Behavior

RUNNING HEAD: SEARS AND KMART 0
Sears and Kmart

SEARS AND KMART 1
Table of Contents
Introduction............................................................................................................... 1
Organization Behaviour................................................................................................ 2
Suggestions and Recommendations..................................................................................5
Organization Behaviour Theories.................................................................................... 6
Conclusions............................................................................................................... 7

SEARS AND KMART 2
Introduction
Sears is the biggest department stores and one of the leading retailers in the world.
Sears Holdings Corporation is the biggest publicly traded company which is the parent
company to all such brands as Kmart and Kenmore. As a parent company, the chain stores
Kmart and sears are founded after Kmart has purchased Sears in the year 2005. It is one of
the largest best retailing company in the United States. In the year 2004, the management of
Kmart holding announced its whole attention to purchase different companies under new
corporations. The merger of Kmart and Sears closes its operations in the year 2005, as both
the parties have affirmative shareholder votes of both the companies (About Us, 2019).
Sears had started investing in larger off-mall stores and purchased dozen of current
supermarket locations to accelerate the process. Kmart is an American biggest department of
box stores chains and headquarters in the United States and Illinois. The incorporation of the
company is in the year 1899 as S.S. Kresge Corporations and renames it with Kmart
corporations in 1977.
There is an operation of 2323 discounts stores and biggest locations of the
supermarket in the United States. The report focuses on the concept of a failed collaboration
of Sears and Kmart with its merge and acquisitions. This is expected to close another round
of stores as a bankrupt department store chains. The decision may be wrong in terms and they
lead to disclosures their own companies from the time at the end of 2018. In 2014, the report
shows about Kmart was in the condition of liquidating dozen of their stores across the whole
nation in the United States (About Kmart, 2019).
Organization Behaviour
Organization behavior is a system of shared values and beliefs that are shaped
following company internal structures of employees and team leads and they are directly