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While Kmart does offer some appliances, they are only at the introductory end of the price scale; the Sears store-in-store boutiques will feature higher-end goods, according to CNBC.If at first you don't succeed The idea behind adding the 10,000-square-foot Kmart store-in-store is to make the Brooklyn Sears location a one-stop shop for customers.It does suggest that Lampert still isn't giving up on Sears as a retail concept -- though maybe he should.

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"We have taken a fresh look at our organizational structure and are realigning our leadership team to improve our focus, better leverage Lowe's omnichannel capabilities and deliver increased value for our customers, associates and shareholders," stated Ellison.

The roles involved in the new organizational structure include: • Executive VP, Merchandising: This role will be responsible for merchandising, marketing, digital, and data analytics and customer insights. (Bill) Boltz has been named to the role, effective Aug. He is currently the president and CEO of global power tool supplier Chervon North America.

Although Kmart sells a number of the same types of products as Sears, the mini-Kmart will feature items you can't get at Sears, like cleaning supplies, pet supplies, groceries, and more.

Similarly, the mini-Sears shops inside Kmart will sell appliances.

Chief customer officer Michael Mc Dermott, will leave Lowe's effective Nov. Mc Dermott joined Lowe's in 2014, and was promoted in 2016.

In addition to eliminating the COO and chief customer officer positions, Lowe's will eliminate the positions of corporate administration executive and chief development officer.

• Executive VP, Stores: The company has initiated an external search for this newly created role, which will oversee the North, South and West divisions, Orchard Supply Hardware, operations engineering, Pro and services businesses, and asset protection.

The senior leaders of the store operations team will report to the CEO until an executive VP is named. Weber will remain in her current role as executive VP, human resources.

It is creating two new positions: executive VP, supply chain, and executive VP, stores.

The responsibilities that formerly fell under the positions being eliminated will be assumed by other senior leadership roles that will report directly to Ellison.

Merchandise Sales Sears' merchandise sales have been declining significantly, with Kmart's 2017 merchandise sales down 45% since 2015, and Sears Domestic down 28% from 2015.

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