Sears Holdings was a retail company formed in 2005 through the merger of Sears, Roebuck and Co. and Kmart. It operated a chain of department stores and discount stores across the United States, offering a variety of products including clothing, appliances, and home goods. The company struggled financially in the following years due to increased competition and changing consumer habits. In 2018, Sears Holdings filed for bankruptcy, leading to the closure of many stores. The company aimed to restructure and reduce its debt, but it continued to face challenges in the retail market. Despite its decline, Sears Holdings remains a notable part of American retail history.