Bon-Ton Secures $675M Credit Facility Nov 19, 2009
Bon-Ton Stores Inc. said Wednesday it has agreed with lenders to take a $675 million 3. 5-year senior secured asset-based credit facility to replace its existing $800 million revolving credit facility due to mature in March 2011. (ABC News -- Wire)
CIT Faces Grim Prospects After Failed Bailout Bid Jul 16, 2009
CIT's clients in this business include , Bon-Ton Stores (), and Dillard's (), all of which are currently placing orders for the critical holiday season. Small Biz: Little Problem Getting Credit. (BusinessWeek)
Small business lender's stock hit Jul 14, 2009
The retail and apparel industries, which also include CIT clients like Dillard's and Bon-Ton Stores Inc., is preparing for the critical back-to-school selling period and is in the midst of ordering merchandise for the holidays. "This could affect the lifeblood of the flow of goods to the stores," said Vincent Arscott, senior director of Fitch Ratings. (Albany Times Union)
Developer sees future in empty AM&A's Jun 18, 2009
Except for a brief run as Taylor s department store, the AM&A s store has been closed since March 1995 when the Bon-Ton Stores Inc., who bought the AM&A s chain in 1993, shuttered the retail outlet. AM&A s, for more than a century, was one of downtown s retailing anchors. (Buffalo Business First, NY)
Price Chopper Selects DemandTec for Price Optimization Apr 29, 2009
DemandTec customers include more than 195 leading retail and consumer products manufacturers such as ACE Hardware, Advance Auto Parts, Belk, Best Buy, Bon-Ton Stores, Circle K Stores, ConAgra Foods, Delhaize America, General Mills, Giant-Carlisle, H-E-B Grocery Co, Hormel Foods, Monoprix, PETCO, Safeway, Sara Lee, Spartan Stores, Toys R US and WH Smith. Connected via the DemandTec TradePoint Network(TM), DemandTec customers have collaborated online with nearly 2. (PR Newswire)
Bon-Ton will continue to work with bankrupt mall owner Apr 20, 2009
Bon-Ton spokeswoman Mary Kerr said the company has corresponded with General Growth representatives and determined that the bankruptcy won t have any impact on Bon-Ton stores. We don t anticipate any impact from General Growth s announcement it s business as usual, Kerr said. (Milwaukee Business Journal, WI)
Wilmers blasts condition of old AM&A's Apr 17, 2009
Various development plans never materialized after The Bon-Ton Stores, which bought the AM&A s chain in 1993, closed the store. The building is now owned by a Long Island investment group. (Buffalo Business First, NY)
Companies penalized for hood drawstrings Apr 8, 2009
The Bon-Ton Stores, Inc.. Concord Buying Group Inc., doing business as A.J. Wright. (Yahoo News -- Politics)
DemandTec Announces Fourth Quarter and Fiscal Year 2009 Financial Results Apr 3, 2009
DemandTec customers include more than 195 leading retail and consumer products manufacturers such as ACE Hardware, Advance Auto Parts, Belk, Best Buy, Bon-Ton Stores, Circle K Stores, ConAgra Foods, Delhaize America, General Mills, Giant-Carlisle, H-E-B Grocery Co, Hormel Foods, Monoprix, PETCO, Safeway, Sara Lee, Spartan Stores, The Home Depot, Toys R US and WH Smith. Connected via the DemandTec TradePoint Network(tm), DemandTec customers have collaborated online with nearly 2. (Primezone Releases)
Carroll to retire from Bon-Ton Mar 17, 2009
Ed Carroll will retire as executive vice president of sales promotion and marketing at Boston Store Parent the Bon-Ton Stores Inc. effective April 3 ... Bon-Ton Stores is based in York, Pa. (Milwaukee Business Journal, WI)
BUSINESS BRIEFCASE Mar 13, 2009
Goodwill Sale; begins for Bon-Ton stores Twice a year, the ;Goodwill Sale; calls for shoppers to donate gently used clothes and housewares to their nearest Bon-Ton store ... After shoppers have donated their goods to local Bon-Ton stores, they can revisit the site, share what they;ve contributed and see how their donation gets Bon-Ton closer to one million people supporting the Goodwill Sale. (DeKalb Daily Chronicle, IL)
Bon-Ton posts $87.7M net loss Mar 12, 2009
Bon-Ton Stores is based in York, Pa. and operates 280 department stores and furniture galleries under the Bon-Ton, Bergner s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger s and Younkers nameplates. (Milwaukee Business Journal, WI)
U.S. retail sales slide further, except at Wal-Mart Mar 6, 2009
8 percent), and Macy's and Bon-Ton Stores (both down 8. 5 percent). (International Herald Tribune)
Employers drop 401(k) match to cut costs Feb 27, 2009
Bon-Ton Stores Milwaukee-based CEO Bud Bergren said the company included suspending 401(k) matches in a series of measures to cut costs due to economic pressure on the retail industry. The company also plans to lay off 1,150 employees, including 100 in the Milwaukee area. (Milwaukee Business Journal, WI)
Down in U.S. Feb 13, 2009
Macy's Inc. said last week it will eliminate 7,000 jobs, or almost 4 percent of its work force, while Bon-Ton Stores Inc. and apparel maker Liz Claiborne Inc. also disclosed major job cuts. Even Wal-Mart said Tuesday it will cut 700 to 800 jobs at its Arkansas headquarters as it builds fewer new stores this year and makes other operational changes. (Atlanta Journal-Constitution)
Retail sales rebounded unexpectedly in Jan. Feb 13, 2009
Macys Inc. last week said it will eliminate 7,000 jobs, or almost 4 percent of its work force, while Bon-Ton Stores Inc. and apparel maker Liz Claiborne Inc. also disclosed major job cuts. More on. (MSNBC -- Business)
A difficult January for most U.S. retailers Feb 8, 2009
2 percent at Bon-Ton Stores and 4. 5 percent at Macy's. (International Herald Tribune -- Business)
Out of work, on the dole for more Americans Feb 8, 2009
Black & Decker Corp. and Bon-Ton Stores Inc. also announced layoffs. Outdoor and lifestyle retailer Eddie Bauer Holdings Inc. said it is eliminating 193 jobs, mostly at its corporate headquarters in Seattle, its information technology center in Chicago, a distribution center in Columbus, Ohio, and a call center in Saint John, Canada. (OregonLive, OR -- Business)
S&P downgrades outlook for Kohls, Bon-Ton Feb 8, 2009
The corporate credit rating outlook for Bon-Ton Stores (NASDAQ: BONT) changed to B-/Negative from B-/Stable. The negative outlook for Bon-Ton reflects S&P s uncertainty regarding Bon-Ton s highly leveraged capital structure and its ability to execute a turnaround strategy. (Milwaukee Business Journal, WI)
Liz Claiborne plans to cut its staff by 8% Feb 8, 2009
Last month alone, thousands of jobs were eliminated by Home Depot, Saks, Neiman Marcus, Bon-Ton Stores, Pacific Sunwear, Wet Seal, Chico's FAS and Eddie Bauer. Today in Business with Reuters. (International Herald Tribune -- Business)
Retailers report dismal January sales Feb 7, 2009
Macy's Inc., Bon-Ton Stores and apparel maker Liz Claiborne Inc. are among those that have announced layoffs in recent days. "They are hunkering down," said Chris Donnelly, a partner in the retail practice at consulting group Accenture. (MSNBC -- Business)
