HOFFMAN ESTATE, Ill. — Sears Holding Corp’s vendors have been demanding faster payments amid concerns about the company’s survival, with some vendors exacting payment times of less than 15 days in return for a three to five percent discount. Typically payable accounts can be outstanding for up to two months. The faster payments mean less liquidity for Sears, potentially hampering its turnaround efforts.
Sears vendors win faster payment
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