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What in the World is Going on With J.Jill?

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

Struggling women’s specialty chain J.Jill has negotiated another extension of two forbearance agreements with lenders, this one by another five days through Sept. 1. The forbearance agreements with the retailer’s asset-based and term loan lenders were inked on June 15, and have since been extended five times. The terms essentially represent the lenders’ promise not…

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