Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores
2019-11-07 21:00:09
Sears told Reuters on Thursday it had won a $250 million (£195.05 million) lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances. The new loan, put together in recent