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Restructuring Brings Much-Needed Changes at J.Jill

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

J.Jill Inc. finally completed its out-of-court financial restructuring with lenders. The transaction closed on Sept. 30. Under the terms of the agreement with lenders, the women’s specialty retailer receives at least $15 million in new capital, while the maturity of certain of its term loan debt has been extended to May 2024. J.Jill says the…

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