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Sears slashes another 200 corporate jobs

July 12, 2018

Sears over the years has proven adept at finding cost cuts and liquidity apparently hiding under the rug as it moves to stem losses and even post the occasional positive profit.

Various financial moves — including borrowing from Lampert’s hedge fund, selling off major assets like the Craftsman brand (and potentially the Kenmore brand), and trading out debt — have kept Sears out of bankruptcy so far.

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