Kmart is a retail chain that offers a wide variety of products, including clothing, home goods, electronics, and toys. Founded in 1962, it became known for its affordable prices and convenient shopping experience. Kmart stores are typically located in suburban areas and often feature a large selection of items under its private label brands. Over the years, Kmart has faced challenges from competitors like Walmart and Target, leading to a decline in the number of stores. Despite this, Kmart continues to operate in select locations, focusing on providing value to customers through discounts and promotions.