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The problem, of course, is that raising capital via one-time asset sales does not change the company's fundamental issue -- it does not have enough customers.

Sears Holdings, as it currently stands, still has assets and it can forestall its death, but that end still seems to be just a question of time.

-- a firm run by Lampert, which is providing funding through Citigroup.

This money, which is actually just a promise of funds designed to convince vendors to keep supplying the company, represents only a small piece of what Sears Holdings needs to make it through the year.

But little has happened to show that Lampert's vision will come true.

Sears stores, which serve a variety of products including clothing, home appliances, tools and equipment, are struggling across the country, with total revenue for Sears Holdings falling 13 percent to .03 billion since the third quarter of last year, according to the company’s most recent financial report. Sears Holdings also has significant debts including an unfunded pension and post-retirement obligation of .1 billion.

The chain must raise about

Sears stores, which serve a variety of products including clothing, home appliances, tools and equipment, are struggling across the country, with total revenue for Sears Holdings falling 13 percent to $5.03 billion since the third quarter of last year, according to the company’s most recent financial report. Sears Holdings also has significant debts including an unfunded pension and post-retirement obligation of $2.1 billion.

The chain must raise about $1.5 billion to make it though 2017 comfortably, according to Moody's Analyst Christina Boni, as reported by Bloomberg.

"As Sears Holdings has consistently shown, we will take actions to adjust our capital structure, generate liquidity and manage our business to enable us to execute on our transformation while meeting all of our financial obligations," said CFO Jason Hollar in a press release.

The company has staved off death by borrowing money, but how long can that last? 28 at $8.18 and rallied on the news of the new line of available borrowing to close the next day at $9, a 10% gain. The company posted a loss of $748 million in its fiscal third quarter this year, up from a $454 million loss in Q3 2015.

News that Sears Holdings had lined up a new credit facility sent shares of the company dramatically higher Thursday, Dec. The stock gained on the idea that the company behind Sears and Kmart had bought itself a little time even if the money it now has access to will not cover its 2017 debt-servicing needs. In addition, revenue dropped by $721 million in Q3.

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Sears stores, which serve a variety of products including clothing, home appliances, tools and equipment, are struggling across the country, with total revenue for Sears Holdings falling 13 percent to $5.03 billion since the third quarter of last year, according to the company’s most recent financial report. Sears Holdings also has significant debts including an unfunded pension and post-retirement obligation of $2.1 billion.The chain must raise about $1.5 billion to make it though 2017 comfortably, according to Moody's Analyst Christina Boni, as reported by Bloomberg."As Sears Holdings has consistently shown, we will take actions to adjust our capital structure, generate liquidity and manage our business to enable us to execute on our transformation while meeting all of our financial obligations," said CFO Jason Hollar in a press release.The company has staved off death by borrowing money, but how long can that last? 28 at $8.18 and rallied on the news of the new line of available borrowing to close the next day at $9, a 10% gain. The company posted a loss of $748 million in its fiscal third quarter this year, up from a $454 million loss in Q3 2015.News that Sears Holdings had lined up a new credit facility sent shares of the company dramatically higher Thursday, Dec. The stock gained on the idea that the company behind Sears and Kmart had bought itself a little time even if the money it now has access to will not cover its 2017 debt-servicing needs. In addition, revenue dropped by $721 million in Q3.

.5 billion to make it though 2017 comfortably, according to Moody's Analyst Christina Boni, as reported by Bloomberg.

"As Sears Holdings has consistently shown, we will take actions to adjust our capital structure, generate liquidity and manage our business to enable us to execute on our transformation while meeting all of our financial obligations," said CFO Jason Hollar in a press release.

The company has staved off death by borrowing money, but how long can that last? 28 at .18 and rallied on the news of the new line of available borrowing to close the next day at , a 10% gain. The company posted a loss of 8 million in its fiscal third quarter this year, up from a 4 million loss in Q3 2015.

News that Sears Holdings had lined up a new credit facility sent shares of the company dramatically higher Thursday, Dec. The stock gained on the idea that the company behind Sears and Kmart had bought itself a little time even if the money it now has access to will not cover its 2017 debt-servicing needs. In addition, revenue dropped by 1 million in Q3.

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Sears announced earlier this month it would be closing 64 Kmart stores after closing nearly 80 Sears and Kmart stores in July.

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