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Tag: lifeline

lifeline, Retail News, ET Retail

San Francisco : Amazon is finding itself in a new role in the coronavirus crisis as hunkered-down consumers increasingly turn to the tech giant for anything from toilet tissue to streaming television. The massive infrastructure Amazon has spent years building n warehouses, distribution, delivery and cloud computing has vaulted the company into a critical role …

lifeline, Retail News, ET RetailRead More

Sears owner gets $250 million lifeline, to shut another 96 stores

A customer enters a Sears Holdings Corp. store in San Bruno, California, U.S., on Friday, Dec. 28, 2018. David Paul Morris | Bloomberg | Getty Images As the holiday season approaches, the parent company of Sears and Kmart has secured a $250 million lifeline and announced plans on Thursday to shut 96 more stores. That …

Sears owner gets $250 million lifeline, to shut another 96 storesRead More