Sears Obtains Additional Credit Line

Sears Holdings Corporation has obtained a secured standby letter of credit facility (LC Facility) that provides the struggling retailer with additional liquidity to fund its operations, the company announced.

Amazon Homes In On Best Sellers

During the holiday season, Amazon significantly boosted its sales of own-brand electronic devices, such as Alexa devices and Echo Dot, but the e-tailer did identify products in other categories, including home, for their outstanding popularity.

Century 21 Opens Florida Location

Century 21 Department Store continues to expand on the east coast, and recently opened a new location at Sawgrass Mills, a Simon Center in Sunrise, Florida. It is the off-price retailer’s 12th location and expands the company’s footprint to its first location in Florida.

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