Sears Gets $500M Loan For Omnichannel Reinvention
PYMNTS
APRIL 13, 2016
This may be its last chance for a turnaround, as it’s one that would come with a $500 million price tag. The retailer is no doubt hoping it’s the infusion of capital the brand needs to finally start seeing a turnaround. The retailer has its fingers crossed that this latest loan does the trick.
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