Sears and K-Mart are both on LIFE SUPPORT.
Sears and K-Mart have lost NUMEROUS suppliers recently, because the suppliers are fearful that they will NEVER GET PAID. I bet that Trump pulled their products from Sears and K-Mart for that exact reason.
Bingo! As H2BM pointed out, they are one company;
Zombie K bought
Zombie S and decided to use the name of
Zombie S for the name of the resulting
mega-zombie.
Sears Holdings has been closing S and K stores by the hundreds the past 10 or more years, and selling off lines like Craftsman tool to get cash to sustain operations. Vendors are justifiably concerned about Sears Holdings' ability to pay for merchandise purchases.
Sears' tribulations are a part of what has been happening for a long time to stores with their business model. Montgomery Ward went under long ago. And J. C. Penney has defib paddles hovering over it.