With many retailers cutting forecasts for the second half, credit professionals now expect Sears Holdings Corp. to reveal a sale of some kind to alleviate liquidity concerns when the retailer posts second-quarter results on Thursday.
The company possibly could sell the service-protection business connected with home appliances, or there could be more real estate asset sales, credit sources said.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)