By  on May 21, 2018

Sears Holdings Corp. just added $425 million to its coffers through an extension of its partnership with Citi Retail Services for the co-branded “Shop Your Way Mastercard” rewards program.

The retailer has already received a payment of $400 million. Shop Your Way is the Sears membership program that serves as the basis for the retailer’s transformation into an asset-light business model.

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