Sears and Kmart have a bleak three months in sales

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(CNN) -- Things are not okay with K-Mart-- and Sears is struggling.

The retailers say compared to in 2016, same-store sales have dropped over the past few months, 17% for Sears, 13 for K-Mart.

Both stores are owned by the same company.

Over the past year, sears has shut down more than 400 stores, and expects to lose nearly $4 billion in revenue this quarter.

Both Sears and K-Mart hope to bring in customers this holiday season with major sales.

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