As losses continue to mount, the regional department store is looking to develop a more productive base.
The three companies managed to turn in decent results despite deep weakness in the retail market.
The struggling regional department store operator will have a new ceo in August.
After a successful run as president of Belk, Bufano attempted to turn around Bon-Ton.
The struggling regional department store operator is tapping local artists, artisans and designers for exclusive offerings.
Warm weather and merchandising missteps were among the items upon which the struggling retailers pinned their weaknesses, while off-pricer Ross Stores rolled on.
Markets rallied and stocks moved higher following two historic days of selling, but Nike disappointed investors after the close.