WILTON – The Bon-Ton Stores, Inc. announced that going-out-of-business sales start on Friday, April 20 in 212 stores and e-commerce websites under the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger’s and Younkers nameplates.
The company’s Wilton and other stores, e-commerce and mobile platforms are open and serving customers. Liquidation sales are expected to run for approximately 10 to 12 weeks. Bon-Ton currently has 250 stores, 38 of which are already in liquidation from a previously announced store-closure process.
On April 18, a federal bankruptcy court for the District of Delaware approved an agreement between Bon-Ton and a joint venture composed of the holders of the company’s 8 percent Second Lien Secured Notes (due in 2021), Great American Group, LLC and Tiger Capital Group, LLC, governing the liquidation of the inventory and certain other assets of the company.
Additional customer information regarding the going-out-of-business sales is available on the company’s restructuring website at bontonrestructuring.com.
A complete store listing can be found at stores.bonton.com.
