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Kmart under new ownership

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Attention Kmart shoppers! The Upper Tumon retailer may not be closed, but it's got a new owner.  KUAM News has learned that a quit-claim deed was officially recorded at the Department of Land Management on March 8.

According to the documents, Kmart Corporation is now under the control of TM Tamuning GM, LLC, which is listed as a Delaware limited liability company based in Bay Harbor Islands, Florida. The authorized signatory listed for TM Tamuning GM, LLC was Harold Talisman.

It was in October 2018, Sears Holdings, which operates Kmart, filed for Chapter 11 bankruptcy.

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