Retail giant Kmart Holding Corp has announced plans to revitalise its women's and children's apparel offering.

According to chief marketing officer Paul Guyardo, the company will redesign its Jaclyn Smith and Sesame Street lines, as well as launching new babies' and women's career collections for autumn.

Guyardo said the Sesame Street range would become more "character-driven", while the Jaclyn Smith range would be totally "reinvented".

In addition, new babies' line Small Wonders - similar in style to Gap's infant apparel offering - and women's career apparel line Attention - aimed at the 40-plus market - will hit stores in September or October.

"My number one goal to drive profitable sales and apparel is really a big part of what defines a retailer," Guyardo said.

"When the customer has to make a decision about where to shop, we … want them to shop at Kmart because they can only get these brands here."

Kmart is the third-largest retailer in the United States.