-
Sears feeling pretty about new beauty department
HOFFMAN ESTATES, Ill. -- Sears is looking to position itself as a beauty leader, by announcing Monday the installment of new cosmetics departments at more than 100 locations and Sears.com.
According to the company, these refreshed beauty departments will feature products from such brands as L'Oreal, Maybelline, Revlon, CoverGirl, Sally Hansen, Essie and Nicole by OPI. Additionally, beauty advisers staffing the departments will offer makeup tips and advice to customers who desire assistance in perfecting their look, Sears reported. -
Sears raises credit facility capacity to $3.275 billion
Hoffman Estates, Ill. -- Sears Holdings Corp. said Friday that it increased the borrowing amount on its domestic revolving credit facility to $3.275 billion from $2.441 billion.
According to a report by the Associated Press, the maturity date is also extended from June 12, 2012 out to April 7, 2016. The facility also has a lower interest rates and the fee the lender charges Sears for holding available credit was reduced.