Important: Bon-Ton Stores
filed for Chapter 11 in February 2018. It was later determined
that they would be closing the stores. Great American Group and
Tiger Capital Group acquired Bon-Ton's assets through a court-supervised
bankruptcy auction in April. Court records filed earlier this year
indicated that liquidation sales would run through Aug. 31, 2018.
Individual stores’ closing dates vary depending on how much merchandise
remains. Bon-Ton employed more than 700 workers at its corporate
offices on Wisconsin Avenue, where it also ran a store under the Boston
Store nameplate. In other parts of the state and country, the chain
operated around 200 stores under banners such as Younkers,
Carson's, Bon-Ton and Elder-Beerman.
On September 10, 2018, the
federal bankruptcy judge approved the sale to CSC Generation;
on September 14, the new owner re-launched websites for all of its
department store brands.
6, 2018, it was reported that the purchaser was Merrillville,
Indiana-based CSC Generation, a holding company backed
by Chinese and American venture
capital firms, which owns the membership buying service DirectBuy. CSC
Generation agreed to pay $900,000 for Bon-Ton's database of 24.5 million
unique customer records and 5.6 million email addresses, as well as its
trademarks and websites.
On April 17,
2018, The Bon-Ton announced it would liquidate all 267 stores
after The Great American Group LLC and Tiger Capitol Group LLC bid
$775.5 million for the retailer and converting its Chapter 11 bankruptcy
to Chapter 7.
In February 2018, The
Bon-Ton Stores Inc. filed for Chapter 11 bankruptcy protection.
On May 5, 2017, Bon-Ton
Stores was informed its common stock was no longer in compliance with
NASDAQ listing requirements, and the stock was de-listed from the
exchange on December 6 and became listed in OTC Pink. In November
2017, the company announced a store closure program, stating 40 to 45
stores would close after the holiday season.
Bon-Ton Stores Inc. 2801 East Market Street York, PA 17402 Phone: 717-757-7660
August 2014 Update: operates 272
stores, which includes 10 furniture galleries, in 25 states in the
Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner's,
Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers
nameplates (store count as of Aug 2014).
October 2013 Summary: The Bon-Ton
Stores, Inc., through its subsidiaries, operates department stores in the
United States. Its stores offer brand-name fashion apparel and accessories
for women, men, and children, as well as cosmetics, home furnishings, footwear,
and other goods. As of May 7, 2013, the company operated 271 department
stores comprising 11 furniture galleries in 24 states in the Northeast,
Midwest, and upper Great Plains under the Bon-Ton, Bergner's, Boston Store,
Carson's, Elder-Beerman, Herberger's, and Younkers names. The Bon-Ton Stores,
Inc. was founded in 1898 and is headquartered in York, Pennsylvania.
If you find our directory to be
helpful, please like our site with the social media
links below. Your support is appreciated.
If you are interested in discussing the
financial aspects pertaining to the company listed on this page,
please share your thoughts in the comments section below.
Discussion topics may include any business details that you
believe could potentially impact the financial strength or
weakness of the company. For example, the company may have
negotiated a new licensing deal that you believe is important.
Or possibly they have hired a new public relations firm or
received a unique celebrity endorsement. If any
interesting activity has taken place, please bring that issue up
for discussion and debate. You are welcome to provide
facts or ask questions about business strategy, corporate
executives, brand portfolios, historical stock prices, business
news, SEC filings, stock charts, etc. Anything relevant to
investor relations, the company's products or services,
financial information, or corporate policy is open for
discussion. Feel free to share your wisdom in the social
comment area below. Please keep all discussions directly
relevant to the topic of the company listed on this page.