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June 19, 2012
Alliance Data to buy Bon-Ton’s credit card portfolio

Alliance Data Systems has agreed to acquire The Bon-Ton Stores’ private-label credit card portfolio worth $475 million.

Dallas -- Alliance Data Systems has agreed to acquire The Bon-Ton Stores’ private-label credit card portfolio worth $475 million.

Financial terms of the deal were not disclosed.

Alliance Data, which provides private-label credit card services to retailers, will also manage the retailer's private-label credit card program.

Bon-Ton Stores, Inc., operates 272 stores in 23 states across the Northeast, Midwest, and upper Great Plains, under a variety of banners.
 

March 19, 2012
Bon-Ton to open Herberger’s in Pocatello, Idaho

The Bon-Ton Stores has signed a lease with General Growth Properties to open a Herberger’s in Pine Ridge Mall, Pocatello, Idaho.

York, Pa. -- The Bon-Ton Stores has signed a lease with General Growth Properties to open a Herberger’s in Pine Ridge Mall, Pocatello, Idaho.

Remodeling is expected to begin in April 2012 and be completed by the end of October 2012.

The Pine Ridge location will be the first store in Idaho for the company.
 

February 2, 2012
Discounters post solid results for January; Macy’s misses estimates

The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations.

New York City -- The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations. Overall, discounters reported stronger results than department stores, which appeared to take a greater hit due to the unseasonably warm weather and heavy promotions.

As the first month of the year, January accounts for only 20% November-January sales, and 7% of annual sales, according to RetailMetrics.

January 24, 2012
Bon-Ton names former Lord & Taylor chief as new president and CEO

The Bon-Ton Stores said it has appointed Brendan L. Hoffman as president and CEO, effective Feb. 7.

York, Pa. -- The Bon-Ton Stores said Tuesday it has appointed Brendan L. Hoffman as president and CEO, effective Feb. 7.

Hoffman replaces Bud Bergren, who is a current member of the board of directors and who will transition to the role of the chairman.

November 1, 2011
Bon-Ton real estate strategy includes two store closings in Pa., Ohio

As part of a real estate realignment strategy, The Bon-Ton Stores Inc. on Tuesday said it will close two of its department stores, one in Pennsylvania and the other in Ohio, when their leases expire in early 2012.

York, Pa. -- As part of a real estate realignment strategy, The Bon-Ton Stores Inc. on Tuesday said it will close two of its department stores, one in Pennsylvania and the other in Ohio, when their leases expire in early 2012.

The company said it plans to close its store in the West Manchester Mall in York, Pa., in January, and its Elder-Beerman store in the Northwest Mall in Dayton, Ohio, which will shut down in February.

October 17, 2011
Bon-Ton Stores opens two stores

The Bon-Ton Stores will celebrate the opening of its new Carson’s location on Nov. 9 at the Markland Mall in Kokomo, Ind. The store was previously located at the Kokomo Mall.

York, Pa. -- The Bon-Ton Stores will celebrate the opening of its new Carson’s location on Nov. 9 at the Markland Mall in Kokomo, Ind. The store was previously located at the Kokomo Mall.

Also on Nov. 9, the retailer will open a Herberger’s store at the Southdale Center in Edina, Minn., its sixth store in the Minneapolis market.

August 18, 2011
Bon-Ton narrows loss on reduced expense

The Bon-Ton Stores reported Thursday that it narrowed its loss in the second quarter to $32.3 million from $33.7 million a year earlier.

York, Pa. -- The Bon-Ton Stores reported Thursday that it narrowed its loss in the second quarter to $32.3 million from $33.7 million a year earlier.

Sales declined 2.2% to $595.5 million, but aggressive cost-cutting prompted the improved profit performance. Results, however, missed Wall Street expectations.

Same-store sales fell 1.5% for the quarter.
 

February 11, 2011
Bon-Ton to open new Herberger’s location

The Bon-Ton Stores has signed a letter of intent with Simon Property Group for the 135,000-sq.-ft. former Mervyn's facility located in the Southdale Center in Edina, Minn.

York, Pa. -- The Bon-Ton Stores has signed a letter of intent with Simon Property Group for the 135,000-sq.-ft. former Mervyn's facility located in the Southdale Center in Edina, Minn.

Remodeling of the site is expected to begin in March and be completed in November, at which time Bon-Ton will open a new store under its Herberger’s banner.
The new Herberger’s location will bring the total number of Herberger’s stores to six in the Minneapolis/St. Paul market.

December 1, 2010
IBM software helps Bon-Ton Stores’ website boost holiday sales

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
Bon-Ton Q3 loss widens

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
Bon-Ton Stores partners with Casual Male

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 31, 2010
Focus on: Holiday Preparations

The retail industry once again is bracing for the fast-approaching holiday season, and this...

August 18, 2010
Bon-Ton narrows Q2 loss

The Bon-Ton Stores, parent company of Boston Store and other department store chains, reported Thursday...

August 4, 2010
Strong performance by Macy’s leads department store results in July

A revitalized Macy’s led department store results for July. Kohl’s Corp. and Saks also topped...

April 15, 2008
Bon-Ton Promotes E-Commerce VP

The Bon-Ton Stores, Inc. promoted Jimmy D. Mansker, 38, to the position of senior VP,...

York, Pa. The Bon-Ton Stores, Inc. promoted Jimmy D. Mansker, 38, to the position of senior VP, merchandise planning and Internet marketing. Since joining the company in 2007, Mansker served as Bon-Ton’s VP of E-commerce. In the new position, he will report to Anthony J. Buccina, vice chairman, president-merchandising.

Prior to his career at Bon-Ton, Mansker spent eight years at Radio Shack Corp., where he advanced from merchandising director to VP of Internet commerce.

March 2, 2008
Bon-Ton Vice Chairman Resigns

David Zant, vice chairman of private brands, merchandise planning and Internet marketing in The Bon-Ton...

February 5, 2008
Macy's to Cut 2,300 Management Jobs

Cincinnati Macy's Inc. said Wednesday it will cut about 2,300 management jobs as the department...

October 14, 2007
Bon-Ton Starts Selling Goods on Web Site

York, Pa., The...

October 24, 2006
The Bon-Ton to Buy Parisian Stores

York, Pa., The...