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Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart, but both brands would continue to struggle and close stores.

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Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart, but both brands would continue to struggle and close stores.

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Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart, but both brands would continue to struggle and close stores.

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Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart, but both brands would continue to struggle and close stores.

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Troy-based Kmart purchased the Sears department store chain in a surprising $11 billion deal on this day in 2004. The merger lead to Kmart’s headquarters leaving Michigan for Illinois. The move was said to be an attempt to better compete with Wal-Mart, but both brands would continue to struggle and close stores.

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