New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Sears Holdings, currently a wholly-owned subsidiary of Kmart Holding and Sears, Roebuck and Co., has announced a $4 billion Senior Secured Revolving Credit Facility. Sears Holdings will be the holding company for the Sears and Kmart businesses after completion of the business combination. Already committed to the facility by eight financial institutions is $3.5 billion. The facility is to be available for five years to fund working capital needs, capital expenditures, acquisitions and other general corporate purposes. The credit facility would become effective upon consummation of the business combination between Kmart and Sears.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.