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Sears to roll out beauty departments to more than 100 locations
Hoffman Estates, Ill. -- Sears on Monday announced the expansion of beauty to more than 100 Sears locations and Sears.com.
The new cosmetics departments will include beauty products from such well-known brands as L'Oreal, Maybelline, Revlon and CoverGirl, in a range of hues for every woman. Additionally, beauty advisers staffing the departments will offer makeup tips and advice to customers who desire assistance in perfecting their look.
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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.