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Bon Ton Stores files for bankruptcy, will close all stores


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Posted

I don't think I've ever actually seen a Bon-Ton store.

They seem to be more in lower population areas. I have an Elder-Beerman, Carson’s and a Bon-Ton within 30 miles of me.

 

 

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  • 2 months later...
Posted

Sad to see them go, but I know we won't miss typing up their 486-page Black Friday ad each year...

 

If anyone hears about the discounts they are offering in their liquidation sale starting today, please post here.

  • Like 3
  • 2 weeks later...
Posted

Yeah, stores in my area are on the updated list...several stores closed years ago and now it looks like the remaining stores will finely see their last leg by the end of Summer or sooner...

  • 2 months later...
Posted (edited)

I stopped by a Bon-Ton in Pennsylvania on Sunday.  Discounts were mostly around 50% off ticketed price, with some 60 and 70% off.  Still, I didn't see much that I considered a real bargain because the printed ticket prices were high. 

 

I looked at one particular pair of HiTec hiking boots that I was interested in previously and did an online comparison.  Their printed label showed a price of $100 and they were 50% off.  But their price for sale on the HiTec website was $70 and other stores and sites had them for just under that price.  That makes $50 look good, but I know that I had seen them on sale for 40 to 50% off that $70 price during sales in the past, so a fair deal, but not so great for a true bargain shopper.

 

So maybe worth a visit, but don't be fooled by the % discount alone.

Edited by mcwalker
Posted

Oh, and I forgot to mention: it was 100 degrees outside when I visited the Bon-Ton store, which was at the end of a small mall.  They were not running any air conditioning inside the Bon-Ton, only some very big  fans.  It was probably about 85 degrees in the store.

Posted

Yeah Bon-Ton is really stretching out this sale for another 2 months, so there aren't too many real deals just yet.

  • 2 months later...
Posted

I just read an article that Bon-Ton is set to reopen with a new owner. They will have a big online presence and are negotiating with landlords on about 5 or 6 states to reopen their brick and mortar stores. The article said it will hire back previous employees.

Posted

I just read an article that Bon-Ton is set to reopen with a new owner. They will have a big online presence and are negotiating with landlords on about 5 or 6 states to reopen their brick and mortar stores. The article said it will hire back previous employees.

 

Interesting...

Posted

Definitely interesting. I expected someone to buy the intellectual property and re-open online as many bankrupt store names have done, but I'd be very surprised if they actually follow through with actual stores. It's tough in the current retail climate to start a brand new department store chain from virtually nothing, even if you have recognized brands to use.

 

They could follow the latest trend which is to have stores that also serve as your mini-warehouses for online orders. But Bon-Ton had so many locations and I can't see a new company wanting anywhere close to even half of those.

Posted

Here's the article I read.

 

https://www.usatoday.com/story/money/retail/2018/09/06/bon-ton-reopen-new-owner-waits-court-approval-bankruptcy/1201558002/

 

Here's a small part of it: The new Bon-Ton will emphasize its online shopping experience. But CSC says it is "also in advanced discussions with landlords about reopening stores in Colorado, Illinois, Indiana, Wisconsin and Pennsylvania.'' Those locations would likely be staffed by former Bon-Ton employees.

 

So you're only talking about 5 states right now and my guess is far less stores. This is sort of what I hope happens with TRU.

Posted

Looks like the site is full of items that are sold many other places and can be drop-shipped from the manufacturer or distributor. It's not like they have warehouses full of merch waiting to ship. Didn't see anything with prices that couldn't be beat elsewhere either. So other than the name/logo, there's really nothing the same as the old company.

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