Retail News

Sears CEO’s hedge funds provides retailer with another loan

Chicago Tribune 10/30/2017

Sears Holdings has borrowed $60 million from ESL Investments, run by Edward Lampert, chairman and CEO of the parent company of Kmart and Sears. The latest loan marks the third time the struggling retail operator has borrowed money from ESL this month.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!