Content about Bon-Ton Stores

April 3, 2014

The Bon-Ton Stores plans to open a 27,000-sq.-ft. Herberger’s Clearance Center in Maplewood, Minn.

York, Pa. -- The Bon-Ton Stores plans to open a 27,000-sq.-ft. Herberger’s Clearance Center in Maplewood, Minn. The store is scheduled to open May 2014.

“We are pleased to announce the opening of our fourth free-standing clearance center,” said Brendan Hoffman, president and CEO.

Bon-Ton Stores operates 270 department stores 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.

March 11, 2014

Bon-Ton Stores said its CEO, Brendan Hoffman, will step down early next year. The announcement follows a disappointing fourth quarter for the company.

York, Pa. -- Bon -Ton Stores said its CEO, Brendan Hoffman, will step down early next year. The announcement follows a disappointing fourth quarter for the company.

Hoffman, a former CEO of Lord & Taylor, will leave Bon-Ton on Feb. 7, 2015, when his contract expires. He also will step down as director. Hoffman cited "strictly personal reasons" for his decision to leave.

He was appointed CEO of Bon-Ton in February 2012.

December 13, 2013

Bon-Ton Stores has entered into an amendment to the company’s existing $675 million asset-based revolving credit facility that was scheduled to mature in March 2016.

York, Pa. – Bon-Ton Stores has entered into an amendment to the company’s existing $675 million asset-based revolving credit facility that was scheduled to mature in March 2016. Bank of America, N.A. continues to serve as Agent on the credit facility.

The second amendment extends the maturity date of the commitments under the credit facility to Dec. 12, 2018. The amendment provides interest rate reductions and generally favorable revisions regarding the facility requirements.

November 21, 2013

Bon-Ton Stores narrowed its loss in the third quarter to $931,000, compared with a loss of $10.1 million in the year-ago period.

New York -- Bon-Ton Stores narrowed its loss in the third quarter to $931,000, compared with a loss of $10.1 million in the year-ago period.

Revenue dipped 3% to $651.2 million from $668.7 million, narrowly missing analysts’ expected $671.2 million in revenue.

Same-store sales fell 2.8%.

May 22, 2013

PeopleAnswers has announced a five-year software licensing agreement for The Bon-Ton Stores to use the PeopleAnswers HR-focused business solution to improve its in-store employee sales performance while lowering employee turnover.

DALLAS -- PeopleAnswers has announced a five-year software licensing agreement for The Bon-Ton Stores to use the PeopleAnswers HR-focused business solution to improve its in-store employee sales performance while lowering employee turnover.

May 7, 2013

The Bon-Ton Stores announced it will close its Younkers store in the Rapids Mall in Wisconsin Rapids, Wis.

York, Pa. -- The Bon-Ton Stores announced it will close its Younkers store in the Rapids Mall in Wisconsin Rapids, Wis.

The company will not renew the lease, which terminates July 31, 2013. The closing will impact approximately 45 associates at this location.

The Bon-Ton acquired the leasehold interests in the Wisconsin Rapids store as part of the Northern Department Store Group acquisition in 2006. The department store retailer said it does not expect costs associated with the closing of the location to be material.  

April 12, 2013

The Bon-Ton Stores will close its Younkers Furniture Gallery in the Lakeshore Marketplace in Muskegon, Mich., in June.

York, Pa. -- The Bon-Ton Stores will close its Younkers Furniture Gallery in the Lakeshore Marketplace in Muskegon, Mich., in June. The closing will affect approximately 20 associates at the location.

The Bon-Ton acquired the leasehold interests in the Muskegon Furniture Gallery store when it acquired Elder-Beerman in 2003. Bon-Ton does not expect the furniture gallery’s close to affect operations at the Younkers department store located in The Lakes Mall.

March 12, 2013

The Bon-Ton Stores reported better-then-expected fourth quarter net income of $74.4 million, compared with $78.2 million in the year-ago period.

York, Pa. -- The Bon-Ton Stores reported better-then-expected fourth quarter net income of $74.4 million, compared with $78.2 million in the year-ago period.

Revenue for the three months ended Feb. 2 increased 3.2% to $1.02 billion, missing the Street’s view of $1.04 billion. Same-store sales increased 1%. (Results for the fourth quarter and fiscal 2012 are impacted by the inclusion of an additional week in each period, resulting in a 14-week and 53-week reporting period.)

February 14, 2013

The Bon-Ton Stores announced that its “Your Rewards” loyalty program has been revamped and will be reintroduced beginning Feb. 15.

Milwaukee -- The Bon-Ton Stores announced that its “Your Rewards” loyalty program has been revamped and will be reintroduced beginning Feb. 15.

The new program will allow customers to begin earning rewards as soon as he or she $200 on their “Your Rewards” credit card at any of The Bon-Ton Stores seven nameplates, including Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers or online.

December 14, 2012

An issue related to drawstrings has resulted in Bon-Ton Stores agreeing to pay a civil penalty in the amount of $450,000.

New York -- An issue related to drawstrings has resulted in Bon-Ton Stores agreeing to pay a civil penalty in the amount of $450,000.

The U.S. Consumer Product Safety Commission alleges that the fashion retailer knowingly failed to report to the commission that its children's hooded jackets and sweatshirts were sold with drawstrings through the hood. The penalty agreement has been provisionally accepted by the commission in a 3-0 vote.

November 15, 2012

Bon-Ton Stores narrowed its fiscal third-quarter loss narrowed partly on lower expenses.

York, Pa. -- Bon-Ton Stores narrowed its fiscal third-quarter loss narrowed partly on lower expenses.

For the period ended Oct. 27, Bon-Ton lost $10.1 million, compared with a loss of $22 million a year earlier.

Revenue rose 2% to $668.7 million from $656.1 million. Same-store sales rose 1.9%.

 

October 3, 2012

The Bon-Ton Stores said it will close its Elder-Beerman store in Springfield, Ohio.

York, Pa. -- The Bon-Ton Stores said Wednesday it will close its Elder-Beerman store in Springfield, Ohio. The company will not renew the lease, which terminates January 31, 2013.
 
Bon-Ton acquired the leasehold interests in the Springfield store as part of the Elder-Beerman acquisition in 2003.

 

January 31, 2012

Following recent news that Bon-Ton Stores president and CEO Bud Bergren would be stepping down and succeed by former Lord & Taylor CEO Brendan Hoffman, the retailer said Tuesday that, effective Feb. 7, Bergen will become chairman of the board.

York, Pa. -- Following recent news that Bon-Ton Stores president and CEO Bud Bergren would be stepping down and succeed by former Lord & Taylor CEO Brendan Hoffman, the retailer said Tuesday that, effective Feb. 7, Bergen will become chairman of the board.

Hoffman will become a director of the company. Former executive chairman, who recently resigned that title, will remain on the board as strategic initiatives officer.

May 20, 2011

Bon-Ton Stores said Thursday that its first-quarter loss grew as it booked hefty debt-related charges and sales declined almost 2%.

York, Pa. -- Bon-Ton Stores said Thursday that its first-quarter loss grew as it booked hefty debt-related charges and sales declined almost 2%. Management blamed unseasonably cold and wet weather for weak sales of seasonal apparel, which forced the retailer to take markdowns and other adjustments.

The company reported a loss of $36 million for the three months ended April 30, compared with a loss of $23.5 million in the same period last year.

December 1, 2010

IBM on Wednesday announced that the Bon-Ton Stores website and its seven leading brands have experienced a double-digit increase in their online sales using IBM software to advance their online and mobile commerce features.

Armonk, N.Y. -- IBM on Wednesday announced that the Bon-Ton Stores website and its seven leading brands have experienced a double-digit increase in their online sales using IBM software to advance their online and mobile commerce features.

November 18, 2010

The Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.

York, Pa. -- ThThe Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.e Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.

Total revenue fell to $716.9 million from $722.6 million.
 

September 28, 2010

The Bon-Ton Stores announced it will soon sell Casual Male Retail Group's big and tall...

York, Pa. The Bon-Ton Stores announced it will soon sell Casual Male Retail Group's big and tall men's clothing.

The department store retailer will sell the clothes at its stores and through its website beginning next spring.

August 4, 2008

Bon-Ton Stores announced Tuesday that Byron L. "Bud" Bergren will continue to serve as president...

March 10, 2008

Apparel and home-furnishings retailer Bon-Ton Stores reported a lower quarterly profit on Tuesday, as softer...

November 26, 2007

York, Pa., On...

January 8, 2006

New York City, ...

November 15, 2005

York, Pa., Bon-Ton...

November 15, 2005

York, Pa., Bon-Ton...