It is closing dozens of stores this year in Wisconsin, Pennsylvania, Illinois, Indiana and elsewhere. During the first quarter of , The Bon-Ton announced it would be closing 42 stores in 14 states, in addition to five stores previously announced. There had been signs for some time that Bon-Ton was in trouble, and that did not ease heading into the most recent holiday season. Thomas "Tim", entered the business, representing the fourth generation of Grumbachers.
Amazon has revolutionized the way people shop, but the behavior of Americans had already been changing radically in terms of what they buy and where they buy it. Many stores, particularly department stores, are fighting for customers. However, some of Bon-Ton's peers like Macy's and J.
Penney and plenty of other retailers saw sales rebound this past holiday shopping season, helped by a solid economy. There had been signs for some time that Bon-Ton was in trouble, and that did not ease heading into the most recent holiday season. Sales at established stores, a critical gauge of a retailer's health, slid 2.
Those sales had tumbled 6. Data is provided "as is" for informational purposes only and is not intended for trading purposes. SIX Financial Information a does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and b shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom.
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Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Fundamental company data and analyst estimates provided by FactSet. News Bon-Ton Stores Inc. Earnings Per Share TTM A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding.
Market Capitalization Reflects the total market value of a company. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes.
Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. While the retailer would become a smaller, more agile e-commerce business focused on its website, there are plans to reopen some physical stores in Colorado , Illinois , Indiana , Pennsylvania and Wisconsin. Personalized in-store services would be offered; the stores would be open for a shorter time on most days but with extended hours from Thursday through Sunday to better serve consumers when they are more likely to shop.
In addition to apparel and home goods, the websites also sell televisions and major kitchen appliances. From Wikipedia, the free encyclopedia. This article is about an online retailer and former department store. For other uses, see Bon Ton.
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We're back! and we're here to stay. Explore the new Bon-Ton, shop online and learn more about our plans to open new locations. Bon-Ton Holdings Inc. is an American online retailer and former department store chain founded in After rapid expansion in the s and early s, the company had financial troubles, ultimately filing for bankruptcy in before being sold and bestkapper.tke: US$ billion (). The Bon-Ton Stores, Inc. owns and operates retail department stores. It offers fashion apparels and accessories for women, men and children and also offers cosmetics, home furnishings and other goods.