1) Destroy (finally) the SOAR BU model, get down to TWO BU's = Hardlines and Softlines.
2) Eliminate all BU Presidents, DVP's, VP's, CMO's and 90% of corporate positions making over $100,000 / year
3) Merge Kmart and Sears regions/divisions
4) Sell the Hoffman HQ, temporarily lease one wing until relocating the remaining ~2000 or so corporate staff to the cheapest office you can find
5) Sell or sublease all remaining real estate
6) Close 50% of distribution centers
7) End all marketing for Sears and Kmart except for email
8) Pray