FRESNO, Calif - Gottschalks Inc., a department store company, said it has won an agreement from Wells Fargo Bank to extend a $75 million line of credit through May 31, 1994.

An existing line is due to expire on June 30. Maximum borrowing can increase to $85 million between Sept. 1 and Dec. 31 for seasonal inventory purchases.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.