After a last-minute rescue plan went nowhere, Bon-Ton is preparing to liquidate itself, becoming the first department-store casualty of the recent retail apocalypse.
News & Analysis: The Bon-Ton Stores
The department store operator may have finally found a savior -- at least for a little while.
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.
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.
Bon-Ton Stores wants bondholders to sign on to a restructuring plan that amounts to a Hail Mary pass. The company is telling them that they have nothing left to lose.
Most department store chains have posted surprisingly strong results for the 2017 holiday season. However, these perennial laggards couldn't capitalize on the uptick in consumer spending.
Bon-Ton Stores is dangerously close to becoming the first department store casualty of the retail apocalypse.
Bon-Ton Stores is losing money at an alarming rate, its balance sheet is in tatters, and suppliers are starting to bail out.
Sears has made all of the headlines recently, but it's not the only department store chain teetering on the brink of bankruptcy.
Is this meaningful? Or just another movement?