Ok. Just got an email response from Sears that I had sent on Sat. (see below) Nope they are NOT PMing A&M. I did call Sears after receiving the email to clarify. They were polite and explained pretty much what PsychoAndy inferred. A&M is not offering a US warranty so the items are NOT "identical".
Well in a way, I 'saved' 700 that I didnt really have to begin with.
Below is the reply to my PM query I got from Sears in their email:
Thank you for contacting Sears Online.
You have requested that we match a price, which you may have found on a
competitor's website. Our online price matching policy states:
"If you find a lower price (including shipping, handling and delivery) on an
identical branded item currently available for sale and delivery in your
area from an established online retailer, Sears will match that total price
at the time of, or within 30 days after, your purchase."
Unfortunately, we cannot match pricing from the web site you found since it
did not meet the criteria set forth above. In order for us to match another
site's price on an item, the site must be an established online retailer,
sell the identical branded item (with the same features, including a valid
US warranty), and have the item currently available for sale and delivery in
your area.