The Bon-Ton acquired the leasehold interests in the Boston Store Harbor Center store as part of the Northern Department Store Group acquisition in 2006. The Company does not expect costs associated with the closing of the location to be material. The store will close at the end of its lease term.
Brendan Hoffman, President and Chief Executive Officer, commented, “The Company continually reviews the performance of its assets; as a result of these reviews, we made the decision to close our Harbor Center location. We invite our Sheboygan customers to shop with us at our remaining Boston Store and Younkers stores in the area as we will continue to provide great service and an outstanding merchandise assortment. We are very appreciative of the devoted Boston Store Harbor Center store associates and are committed to providing assistance to these associates.”
The affected associates in the Boston Store Harbor Center location will be offered the opportunity to interview for available positions at other Boston Store or Younkers stores in the area or receive career transition benefits, including severance, according to established practices and state employment service support.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 273 department stores, which includes 10 furniture galleries, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger’s and Younkers nameplates. The department stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings.
Bon-Ton Stores