Sears Secures Credit, Preps Store Closures

  2016 is ending on what has become a familiar note for Sears. As it prepares to close more stores, the struggling retailer has secured a letter of credit. Once again, ESL Investments, Inc.—for which Edward Lampert, Sears Holdings Corporation’s chairman and CEO, is also the chairman and……

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This week the apparel industry dabbled in new fashion technologies, discussed venture capital trends and debated about the survival of America’s department stores.

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