NEW YORK — The Bon-Ton Stores Inc. bounced back from a small year-ago loss with a modest profit in the third quarter.
For the three months ended Nov. 2, the York, Pa.–based operator of 73 department stores in nine Northeastern states generated net income of $328,000, or 2 cents a diluted share, versus a net loss of $484,000, or 3 cents, in the comparable period last year. Without a $900,000 pretax charge for workforce reductions in the 2001 quarter, Bon-Ton would have earned 1 cent a share.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)