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4-Traders Homepage  >  Equities  >  Nasdaq  >  Bon-Ton Stores Inc    

BON-TON STORES INC
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End-of-day quote. End-of-day quote  - 11/10
0.4571 USD   +1.35%
08:34pBON TON STORES : Ton store closing sales start this week
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02/19STORE CLOSING S : Bont
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02/13BON TON STORES : Montana stores not among Bon-Ton's recent closures
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Bon Ton Stores : Ton store closing sales start this week

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02/20/2018 | 08:34pm CET

Feb. 20--Bon-Ton Stores Inc., parent company of Elder-Beerman, is starting going-out-of-business sales at some of its store this week.

The retailer said that store closing sales are underway at 42 select locations. The closings are part of the company's previously announced "store rationalization" program. The company filed for bankruptcy earlier this year.

The in-store sales will take place at Bon-Ton branded stores including Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers. More store locations are expected to close in addition to the 42 locations previously announced.

Only one store in Ohio will shut down. Elder-Beerman at the Northtowne Mall in Defiance was named as one of the impacted stores. No Elder-Beerman stores in the Dayton region are impacted by this round of store closures. The stores are expected to close in early 2018.

Bon-Ton has a major presence in the Dayton region. Along with its distribution center in Fairborn, there are Elder-Beerman stores across the region in Dayton, Huber Heights, Kettering, Piqua and Beavercreek. Bon-Ton closed a store location at the Ohio Valley Mall in St. Clairsville, Ohio in late March.

Bon-Ton could also reduce the number of distribution centers from three to two, shutting down its facility in Fairborn.

The Elder-Beerman store in Towne Mall Galleria in Middletown, which is in Warren County, also closed earlier this year. The closing impacted 65 employees.

FIVE FAST BUSINESS READS

___

(c)2018 the Dayton Daily News (Dayton, Ohio)

Visit the Dayton Daily News (Dayton, Ohio) at www.daytondailynews.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Chart BON-TON STORES INC
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Bon-Ton Stores Inc Technical Analysis Chart | US09776J1016 | 4-Traders
Income Statement Evolution
Managers
NameTitle
William Tracy President, Chief Executive Officer & Director
Debra K. Simon Chairman
Michael G. Culhane Chief Financial Officer& Executive Vice President
Norman Veit Chief Information Officer & Executive VP
Michael L. Gleim Vice Chairman
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