There used to be a store like that in Athens. You could get Sears and Craftsman items but they were independently owned. Sis was telling us about it a couple of weeks ago. She works at Belk and saw it open up. It might be a storefront for the whole "Ship my pants" deal they had going a couple of years ago.
The only Kmarts around us now is the one in Crossville and I think there is 1 in Knoxville. Mom worked for the one here in town and always said the stores with more competition was what was killing the rest of the stores. Take Sweetwater for instance, with year round layaway they did good business with that and the pharmacy. Kmart appealed to a certain demographic of shopper and none of the bigger stores has year round layaway to compete with that.