Bon-Ton plans to close its Bon-Ton store in the Clearview Mall in Butler, Pennsylvania, and its Elder-Beerman store in the Raleigh Mall in Beckley, West Virginia. The company will not renew these leases, which terminate Jan. 31, 2015.
Retailers are enhancing shoppers’ digital in-store experience by adding lots of new applications which can overwhelm existing IT infrastructure. That’s why The Bon-Ton Stores built redundant capabilities with the help of Hughes to enable its e-commerce strategy.
Bon-Ton Stores pointed to inclement weather in its markets and higher gas prices in the Northeast and Midwest for overall sales weaknesses which translated into a same-store sales decrease of 6.4% for the second quarter ended Aug. 3.
The Bon-Ton Stores announced its board of directors unanimously approved an amendment to Bud Bergren’s employment agreement, which states Bergren will continue to serve as president and CEO through Feb. 5, 2012.