Sears’ continuing struggles have its suppliers jittery

Aaron Schrank May 25, 2017
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Sears’ continuing struggles have its suppliers jittery

Aaron Schrank May 25, 2017
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The struggle is real for Sears Holdings — the company behind Sears and Kmart. The once-powerful brand warned investors back in March that there was “substantial doubt” about its future. This week, Sears announced it’s pushed back a deadline on a $500 million loan by six months. That’s got Sears vendors even more anxious about a looming bankruptcy.

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