Found this on Sears board, thought it was spot on:
I agree that SHC will sacrifice Kmart to secure a short lived future for Sears, the writing has been written on the wall for years, with several remodels and improvements in sears stores and Kmart using plastic buckets to catch the rain. Sad to see the Kmart format in its current condition, because with the right leadership and investment, it has a potential to be great. Either way both Brands are tarnished and eventually will be a historic note in the book of the many recent failed and closed companies.
Posted by @OVl473V-1grb.