❗Help close the gap: We still need to raise $40,000 by the end of March. Donate now

Sears’ continuing struggles have its suppliers jittery

Aaron Schrank May 25, 2017
HTML EMBED:
COPY

Sears’ continuing struggles have its suppliers jittery

Aaron Schrank May 25, 2017
HTML EMBED:
COPY

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.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.