|Bid||0.000 x 0|
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|Day's Range||0.000 - 0.000|
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|PE Ratio (TTM)||N/A|
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Even in a best-case scenario, Bon-Ton Stores will have to close at least a third of its locations during 2018 to stay in business.
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes and downgraded the rating on one class in LB Commercial Mortgage Trust 2007-C3, Commercial Mortgage Pass-Through ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on twelve classes in WFRBS Commercial Mortgage Trust 2011-C4, Commercial Mortgage Pass-Through Certificates, Series 2011-C4, as ...
Bankrupt regional department store chain Bon-Ton Stores Inc, under pressure from a group of hedge funds to liquidate, began a race on Monday to find a buyer to keep open some of its stores. U.S. Bankruptcy Judge Mary Walrath approved sale procedures on Monday and an April 2 deadline to accept bids for the chain, which operated 256 stores when it filed for Chapter 11 on Feb. 4. Bon-Ton has not yet received any initial bids, also called stalking horse bids, which help stoke interest and attract potential buyers to an auction it intends to hold on April 9.
MILWAUKEE, March 8, 2018 /PRNewswire/ -- The Bon-Ton Stores, Inc. (BONT), which operates Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers stores invites you to clean out your closets, save on new spring fashions and help transform lives in your local community. Shoppers can drop off donations of clothing, shoes, accessories and household goods for their local Goodwill organizations at Bon-Ton Stores retail locations. In exchange, customers receive three generous coupons for each item donated for up to 30 percent on apparel and 15 percent on cosmetics and fragrances to use in-store and online. Donations are being accepted now through March 24 and coupons can be used during the 11-day spring Goodwill Sale from March 14-24. Customers can do good and help create employment placement and job training programs for people in areas where Bon-Ton stores are located.
This is a summary of a request from Bon-Ton Stores Inc. to hire Young Conaway Stargatt & Taylor LLP as co-counsel, filed Feb. 14 with the U.S. Bankruptcy Court in Wilmington, Del.
Deep discounts will be offered at all 42 retail locations being closed. Locations include both Bon-Ton stores and other branded nameplates which are owned and operated by The Bon-Ton Stores, Inc. (OTCQX:BONT). ...
Moody's Investors Service ("Moody's") downgraded all of CBL & Associates Properties, Inc. (CBL)'s ratings, including the ratings of its operating subsidiary, CBL & Associates Limited Partnership's ...
Regional department store chain Bon-Ton filed for bankruptcy earlier this month. Find out why the company's business has been eroding for years with little hope in sight even if it avoids a liquidation.
NEW YORK (AP) — FAO Schwarz, whose famous New York store closed more than two years ago, is setting its sights on China as part of an expansion begun late last year.
Most businesses have a lot to gain from the new tax law, but the retail space in particular is cheering the impact it'll have on their bottom lines.
Bon-Ton Stores won court approval to begin using its $725 million bankruptcy loan, giving the struggling retailer some leeway to operate its stores while under chapter 11 protection.
Provides Interim Access Up to $725 million in Debtor-In-Possession Financing. Stores Open and E-Commerce and Mobile Platforms are Operating in Normal Course to Continue to Provide Exceptional Shopping ...
Bon-Ton Stores Inc, one of the largest U.S. department store operators, said in court on Tuesday it was in talks with potential investors as part of an effort to emerge from Chapter 11 bankruptcy, despite calls from some bondholders that it liquidate. York, Pennsylvania-based Bon-Ton, with 23,000 employees and 256 stores across 23 states, on Sunday sought protection from creditors owed more than $1 billion. Roughly half of the dozens of retail Chapter 11 bankruptcies filed in the past five years have ended in liquidation as traditional brick-and-mortar operators struggled to adapt to rapidly changing consumer tastes and a rise in e-commerce.
The retail apocalypse has claimed another victim The Bon-Ton Stores Inc. (NASDAQ: BONT) has voluntarily filed for Chapter 11 bankruptcy protection. No decision has been made as to what will happen next ...
Department store chain Bon-Ton Stores Inc. sought bankruptcy protection on Sunday evening and ongoing tensions with a group of bondholders is heating up.
Moody's Investors Service, ("Moody's") today downgraded The Bon-Ton Stores Inc.,'s ("Bon-Ton") Probability of Default Rating ("PDR") to D-PD from Ca-PD/LD. The downgrade was ...
Bon-Ton Stores Inc said on Sunday it filed for bankruptcy protection to restructure its debt and explore a potential sale, making it the first major U.S. brick-and-mortar retailer to do so this year. "The harsh reality is that while Bon-Ton's management put in great effort to make the business sustainable, they were always running up a down escalator," said Neil Saunders, managing director of GlobalData Retail. Bon-Ton serves smaller communities in 26 states across the U.S. Northeast, Midwest and Great Plains under banners including Bon-Ton, Younkers and Bergner's.
Bon-Ton's odds of survival well into the future are in doubt. Like other niche retailers that have gone bankrupt, it is still faced with falling sales and earnings.
Department store operators have been struggling to fend off online sellers like Amazon.com Inc as shoppers increasingly choose to shop over the internet, resulting in a decline in mall footfalls. "The harsh reality is that while Bon-Ton's management put in great effort to make the business sustainable, they were always running up a down escalator," said Neil Saunders, managing director of GlobalData Retail. Bon-Ton serves smaller communities in 26 states across the U.S. Northeast, Midwest and Great Plains under banners including Bon-Ton, Younkers and Bergner's.
The retailer, one of the largest regional department-store chains in the U.S., sought bankruptcy protection as discussions with its debtholders have yet to come to a conclusion.
MILWAUKEE, Feb. 4, 2018 /PRNewswire/ -- The Bon-Ton Stores, Inc. (BONT) ("the Company"), today announced that the Company and its subsidiaries have filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The Company is currently engaged in constructive discussions with potential investors and its debtholders regarding the terms of a financial restructuring plan. Bon-Ton intends to use this court-supervised process to explore potential strategic alternatives to maximize value for the benefit of its stakeholders, which may include a sale of the Company or certain of its assets as part of the plan of reorganization.
Bon-Ton Stores Inc, one of the largest U.S. department store operators, has secured a loan that will allow it to file for bankruptcy as early as Sunday, according to people familiar with the matter. The move will make Bon-Ton, which has about 260 stores and nearly $1 billion in debt, the first major U.S. brick-and-mortar retailer to file for bankruptcy this year. The loan will help Bon-Ton continue to operate in bankruptcy and carry it through a potential sale, the sources said.