The retailer said talks continue with its debt holders and potential investors.
Debt holders are willing to continue to invest in the retailer, but only on the condition Bon-Ton finds a new…
Wall Street's roller coaster showed that even after a solid holiday season, the backdrop for fashion remains…
The regional department store is exploring strategic alternatives, including a sale of the company.
Including those disclosed earlier, a total of 47 stores are slated to be closed in 2018.
The plan may have Bon-Ton on the right track, but it still needs a capital structure in place that will allow…
The retailer failed to make a $14 million interest payment on Dec. 15.
Some credit analysts believe Bon-Ton is a candidate for a pre-packaged bankruptcy filing.
The financially pressured retailer delayed the payment by 30 days.
Stauffer takes on a new role at Bon-Ton, heading up merchandising, marketing and ecommerce.
A study by CreditRiskMonitor highlights the companies to worry about most in fashion.
As losses continue to mount, the regional department store is looking to develop a more productive base.
The change from the Nasdaq GS market will occur on Thursday.
The amendment provides Bon-Ton with financial flexibility for the holiday season.
Bon-Ton will lease the property for 20 years, and has options to extend for additional periods of time.