The offer’s terms are in line with the French billionaire’s plan announced on April 25.
The payment will go to 47 states that investigated Target’s massive 2013 breach of shoppers’ payment and contact information.
One of the agreements allows Sears the option to further extend the maturity of a loan to July 2018.
Shelffo, a longtime adviser, played a role in the sale of Bright House Networks to Charter Communications and the acquisition strategy of Condé Nast Entertainment.
The mega e-tailer has a new wedding shop full of nuptial-centric fashion accessories and jewelry.
Luxury e-tailer’s state-of-the-art facility features 0.6 miles of conveyor belts.
In March, Mary Beth West resigned as Penney’s evp, chief customer and marketing officer to join Hershey Co., as chief growth officer.
The incident occurred at Europe’s largest indoor arena on Monday night.