Sears has borrowed about $150 million from lenders, including its billionaire owner, Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said. The new financing will help stock Sears’ store shelves for the holiday shopping season, as it struggles to become profitable....
Eddie Lampert Helps Bankroll Sears As Woes Persist After Bankruptcy
Reuters, New York Post: Business
Fri, 10/18/2019 - 10:20am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more