Bon-Ton Stores Inc. is planning to file for bankruptcy protection as soon as this weekend after failing to find a last-minute buyer, according to people with knowledge of the matter.A vacant department store that serves as an anchor for a mall, can leave more than 50,000 square feet of space empty.
The Christmas shopping season opened officially with the arrival of Santa at the Bon Ton and the lighting of the tree.Notice the signs from The Corset Shop and a portion of the WORK sign from the radio station.
Bon-Ton: The Bon-Ton Stores Inc. are set to close after a winning bid went to liquidators at auction on Tuesday April 17, 2018, according to a company news release.Most stores are off-mall and the company targets many of the same customers.Closing stores will enable the company to focus on driving sales growth, Tracy said.The Bon-Ton Stores announced on Wednesday the store locations that will be closing this year as part of a previously announced round of closures.Those stores are one step closer to opening now that a federal bankruptcy.
Bon-Ton Stores The Bon-Ton Stores plan to close at least 40 locations in 2018, the company announced in mid-November.Bon-Ton is one of just about 20 stores remaining at the struggling Olean Center Mall.The retailer has not yet announced a list of stores that will close next year.Bon-Ton got its start as a one-room millinery and dry goods store in Pennsylvania in 1898.
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Bon-Ton shoppers were pleased last week at the news that the department store chain could be opening its doors once again.