Sears Has Come Back from the Brink Before
Harvard Business Review
OCTOBER 28, 2014
Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. But perhaps its current woes are just a blip in a long, long history of facing and rising to challenges.
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