Sears Borrowing More Money

Say what you want about Sears (NASDAQ: SHLD), but the once-proud retailer has been putting up a mighty fight as it struggles to survive. The department store chain, which faced vendor problems during the holiday shopping season due to suppliers’ concerns it would enter bankruptcy, has borrowed money from its CEO Edward Lampert, and now it has acquired yet another credit facility. …read more

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Category: SHLD, C

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