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Sears Raises $100 Million in Financing & Cut $200 Million Costs

Sears Raises $100 Million in Financing & Cut $200 Million Costs

On Wednesday, Sears Holdings Corp (NASDAQ: SHLD) announced that they have secured $100 million in new financing and will try to cut an additional $200 million in costs this year as the retailer tries to regain footing after a big sales drop during t..