Sears Holdings headquarters The retailer has also identified $200 in cost savings unrelated to store closings.

HOFFMAN ESTATES, IL—A week after announcing 103 additional; store closings across the Sears and Kmart brands, Sears Holdings Corp. (SHLD) on Wednesday announced a series of financial steps it’s taking to enhance its liquidity and accelerate its return to profitability. Among other transactions, SHLD has raised $100 million in new financing via a term loan secured by ground leases, and is pursuing an additional $200 million in financing backed by the same collateral.